Beringer Capital acquires majority interest in iCiDIGITAL
Canadian private equity firm Beringer Capital has acquired a majority stake in iCiDIGITAL, a digital consulting business headquartered in Raleigh, North Carolina. No financial terms were released for the deal, which will see the company's top management retain an interest. Founded in 2014, iCiDIGITAL reports achieving expansion of 30 percent per year. Beringer, a specialty investor in media and marketing industries, said it will support the company's continued growth by investing in its team, services and solutions. The iCiDIGITAL deal comes on the heels of Beringer's investment in U.S. digital commerce agency Blue Acorn Inc last month.
15 May 2017•3 mins read
