| Home | November 2011News | Basil Partners sells its stake in CIGNEX to Datamatics Global Services |
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 Basil Partners sells its stake in CIGNEX to Datamatics Global Services- Basil Partners sells its stake in CIGNEX to Datamatics Global Services
- November 08, 2011
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Investment in May, 2009 provides 4.8x returns to Basil Fund.
Basil Partners, a PE Fund investing in niche technology services companies, today announced that it has completed the process to sell its stake in CIGNEX Global Holding Corporation, a global leader in commercial Open Source and SAP connect solutions, to Datamatics Global Services, a global outsourcing major.
"As a part of our strategy to invest in niche focus technology companies, Basil had acquired a 30% stake in CIGNEX in 2009. The Partners in Basil were actively involved in helping CIGNEX ...
- View more at: http://www.1888pressrelease.com/basil-partners-sells-its-stake-in-cignex-to-datamatics-globa-pr-348188.html
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