India, June 11 -- Private equity investor Oakley Capital Investments Limited (OCI.L) announced Wednesday that Oakley Capital Origin II has agreed to acquire a majority stake in Join Business Management Consulting or JBMC, an Italian management and IT consultancy firm in financial services sector.
OCI said its indirect contribution through Origin II is anticipated to be around 8 million pounds, which relates to OCI's share of Oakley's investment in JBMC.
Siena -based JBMC, founded in 2013 by Giovanni Brandani and Leonardo Fenizi, delivers operational improvement, IT project management, digital transformation, data and other tech-enabled projects for leading banks, insurance firms and payment companies in Italy.
Over the past five years, J...