Singapore PE firm Ikhlas Capital invests in IT software firm Silverlake

Photo: Internet Archive

Singapore-based private equity firm Ikhlas Capital has formed a strategic partnership with Silverlake Group through a $40 million investment to support the software company’s growth, the firms said on Tuesday.

Ikhlas will be Silverlake’s first institutional partner, and the tie-up will help the technology software group strengthen its foothold in Asia and accelerate international expansion, they said in a joint statement.

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