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Announced

Completed

Modirum completed the acquisition of a majority stake in ITgma.

Synopsis

Modirum, a technology and platform company, completed the acquisition of a majority stake in ITgma, a software and IT services provider. Financial terms were not disclosed. “Modirum is a forward-thinking growth company with over two decades of experience. Acquiring ITgma grants us access to pivotal markets, especially in Telecom and Finance, across targeted geographies. ITgma epitomizes entrepreneurial excellence and energy, with four founders who have meticulously cultivated a thriving their company. We are excited to unite forces and continue this journey together – ensuring the success of Modirum," Tero Silvola, Modirum CEO.

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