PE-backed iQor Buys BPO Firm, Adds Financing

New York-based iQor Holdings has acquired business process outsourcing company RMS. Financial terms of the deal were not released. In addition to the acquisition, iQor also raised an undisclosed amount of funding from its majority shareholder Huntsman Gay Global Capital, and from Citi Venture Capital International and Starr International Company. Chicago-based Guggenheim Partners provided debt financing. RMS is based in Bethlehem, Penn.

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