Mumtalakat Locks in Profit on PRO Unlimited

Posted on 04/08/2017


Bahrain’s Mumtalakat Holdings and Investcorp both agreed to sell some level of ownership in PRO Unlimited, a provider of software and managed services to large companies, to New York-based Harvest Partners, a middle-market private equity firm. Mumtalakat Holdings will retain a significant minority stake in PRO Unlimited. Roughly US$ 300 million was returned to clients […]