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Allen & Overy Advises on ICG, Konecta, and Comdata Partnership

Allen & Overy Advises on ICG, Konecta, and Comdata Partnership

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Allen & Overy has advised the Intermediate Capital Group and Konecta on their partnership agreement with Comdata.

The transaction remains contingent on regulatory approval.

The Intermediate Capital Group is an alternative asset manager. Konecta is a provider of Spanish-speaking customer experience business process outsourcing solutions. Comdata is an Italian company that provides customer management BPO.

According to Allen & Overy, the “agreement creates the sixth-largest player in the attractive customer experience BPO market, with close to EUR 2 billion in revenues, EUR 300 million in EBITDA, 130,000 employees, and clients in Europe and America in a variety of end industries, such as finance and insurance, technology, telco, retail and e-commerce, utilities, industrial, and healthcare.”

Allen & Overy’s team in Prague included Senior Associate Ivana Halamova Dobiskova with additional team members in Madrid, Milan, London, and Paris.

Allen & Overy could not provide additional information on the matter.

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