Chequers Capital, a private equity firm, completed the acquisition of a majority stake in Altea Federation, a company that provides business transformation, disruptive innovation, management consulting, and asset management services. Financial terms were not disclosed. "I am very happy and determined to take on the role of Chairman and CEO at the helm of this new and exciting project together with Chequers Capital. This opens the fourth decade of Altea Federation, with the ambitious growth plan that will allow us to evolve and express always the highest value for our Clients, while maintaining unchanged, and indeed expressing to its maximum potential, the unique culture of Altea Federation, inspired by the constant study and application of the most advanced and visionary technology innovation theories to the evolution of business organizational models," Andrea Ruscica, Altea Founder.