The Abraaj Group Exits Its Stake in ECCO Outsourcing (MENA)

Source: The Abraaj Group

Global growth markets investor The Abraaj Group has exited its investment in Egypt-based business process outsourcing and contact center outsourcing company ECCO Outsourcing through a strategic sale to Saham Services, a subsidiary of Morocco-based conglomerate Saham Group. Abraaj initially invested in ECCO in 2013. Financial details of the transaction were not disclosed.