Quest Holdings S.A. announces the increase of its participation, in the share capital of Intelli Solutions S.A., through its 100% subsidiary company Uni Systems S.M.S.A.

In the context of the June 27, 2024 agreement, Uni Systems acquired an additional 30% of Intelli Solutions share capital, reaching a 90% stake in the company's share capital. The consideration for the acquisition of the additional 30% amounts to EUR 4,8 mil., while the total investment in Intelli has reached EUR 10 mil.

Intelli Solutions is an innovative software services company, with more than 15 years successful history in the market, many distinctions and a footprint both in Greece and SE Europe. It is specialized in digital transformation services, emphasizing on Customer Engagement, Customer Onboarding and Retention and Revenue Assurance. The company has a broad clientele in Telecom, Banking and Insurance sectors, Shipping, Utilities and Online Betting.

Sigma Catalyst Partners acted as the financial advisor for the sellers in the context of the transaction.