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Elbrus Capital adds outsourcing company Intercomp to portfolio

31 Oct 2013

moscow-sunset_sqRussian private equity firm Elbrus Capital has bought Intercomp, currently the largest financial and HR business process outsourcing provider in Russia and the CIS.

The company has more than 700 clients , including major international and regional companies in various sectors.

Elbrus partner Alexander Savin said, “Business optimization and focus on efficiency are essential to success in any business. We expect the outsourcing industry to grow substantially in the near future.

“The increased outsourcing of ancillary business processes in both the
commercial and government sectors will help companies and the government alike, to reach their goals in changing market conditions.

“We see Intercomp as the industry leader, and will fully support its management team in implementing its further growth strategy.”

Elbrus currently has $700m under management across two funds. Earlier this year the firm acquired a 23 per cent stake in Russia’s largest online business products and services marketplace B2B Center.

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