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Article: Zurmont Madison Private Equity acquires majority interest in CLS Communication AG.
- Article from:
- M2 Presswire
- Article date:
- July 13, 2009
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M2 PRESSWIRE-13 July 2009-Zurmont Madison Private Equity L.P.: Zurmont Madison Private Equity acquires majority interest in CLS Communication AG(C)1994-2009 M2 COMMUNICATIONS
RDATE:13072009
Zurich -- Zurmont Madison Private Equity L.P. ("Zurmont Madison") has acquired a majority interest in the leading language services provider CLS Communication AG ("CLS"). The deal consists of a partial buyout of the existing managing shareholders combined with an increase in the company's equity. The funds will be used to make further acquisitions and finance ongoing global expansion. On completion of the transaction, the existing management team headed by CEO Doris ...