Family office Parabellum Investments has sold business process outsourcing (BPO) business Parseq to business services provider Paragon Group. Terms of the deal were not disclosed.
Parseq provides outsourced workflow and technical solutions for document, financial, and payment processing organisations. Parabellum Investments, the family office of investor Rami Cassis, acquired its majority stake in the business in 2007 after it was sold as a corporate disposal, at which point it had a 15-person...
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