Hutton Collins is pleased to announce that is has made a further €28.8 million investment in Everis, increasing its equity ownership from 4.5% to 10.4%.
Everis is a leading multinational IT consulting services business headquartered in Spain that offers global solutions to clients in the telecom, industrial, insurance, financial services, public sector and utility industries.
In March 2007 Hutton Collins made a €77.8 million preferred equity investment in Everis to support the management team in acquiring outright control of Everis from its previous shareholder.