"The team at Portland Private Equity understands the property and casualty insurance business and the nuances of business building in Jamaica. They have proven to be deeply knowledgable and well connected investors and I view them as valuable mentors and constructive contributors on the board of directors."
Musson (Jamaica) Limited announces intention to merge PBS Technology Group and Productive Business Solutions
Jamaica
October 1, 2020
Highlights
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Merger of Productive Business Solutions and PBS Technology Group will create the Caribbean and Central America’s largest enterprise IT and communications solutions provider
Following a transition period and requisite approvals, Musson intends to combine PBS Technology Group and Productive Business Solutions to create the foremost information technology solutions provider including design, implementation, managed services and system maintenance. The combined businesses will have over US$250 million of annual revenue, operate in 19 countries, and have over 2,100 information technology professionals.
For more, see:
https://www.loopjamaica.com/content/musson-acquires-massys-it-and-communications-business
Contact:
For more information visit www.portlandpe.com or contact Douglas Hewson at dhewson@portlandpe.com.
About Portland Private Equity:
Portland Private Equity is a private equity fund management company currently focused on private equity growth opportunities in the Caribbean, Central America, and Colombia through its management of the AIC Caribbean Fund and its successor, Portland Caribbean Fund II.