KKCG-backed Aricoma completed the acquisition of Neofacto.

KKCG-backed Aricoma, an IT infrastructure provider, completed the acquisition of Neofacto, a provider of software services for financial institutions in Europe. Financial terms were not disclosed. "The acquisition of Neofacto is a logical step for us. It strengthens our work for the European Union institutions, including the supranational EU bodies based in Luxembourg. And of course, we are delighted to welcome dozens of experienced industry professionals among us. Together we can significantly strengthen our offering to the EU institutions, authorities, and other customers in the Benelux and DACH region," Milan Sameš, Aricoma CEO.