Octagon gets private equity injection
2011-09-07
Octagon International, one of the fastest-growing IT distributors in the Emirates today announced the sale of a majority stake to a consortium of private equity investors. The deal represents one of the largest private equity investments in the UAE’s IT distribution industry over the past several years and signals a return of confidence to a sector battling to revert to profitability following a period of sustained market turbulence. Read More…