Prytek Secures $107 Million Of Growth Capital From Davidson Kempner To Support Its Expansion Strategy
Prytek Secures $107 Million Of Growth Capital From Davidson Kempner To Support Its Expansion Strategy
11/30/21, 8:05 AM
Money raised
$107 million
Today, we announce that multinational group Prytek Holdings Pte. Ltd. ("Prytek" or the "Group") has secured a $107 million committed investment from certain affiliates of Davidson Kempner Capital Management LP ("Davidson Kempner"), as it continues its rapid growth trajectory. A representative of Davidson Kempner will join Prytek's Board of Directors and Investment Committee.
Company Info
Additional Info
Prytek was founded in 2017 by Igor Rybakov and Andrey Yashunsky and is chaired by Yair Seroussi. Prytek builds vertical integrated supply-chain-solutions for universities and financial institutions, and by that, creates impact across industries. Prytek has rapidly grown into a multinational technology group with a focus on building and investing in technologies and delivering managed services in the Financial Services, Cyber & Tech Education, and HR sectors. Prytek has invested over $350 million in companies and technologies globally, services more than 250 clients and maintains offices in eight locations worldwide. Prytek has experienced a 200% growth over the last year and plans to go public in the medium term.
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SOURCE Prytek