Parker & Boyd Inc has invested an undisclosed sum in a large technology and telecom company through its Middle East and Southeast Asia funds.
Parker & Boyd Inc’s Fund focuses on opportunities in the telecommunications, media and technology sectors in high growth markets. The firm will work with a company that is well established in this region to expand the company’s presence in India and the Middle East, focusing on three core product lines: telecom engineering, software solutions, and electronic products distribution.
Chairman, “Our commitment is to make our company and its group companies significant players in all markets we operate in. With the additional backing of Parker & Boyd Inc, and their insights on the telecom sector, we hope to gain valuable market share faster than anticipated.”
Marcus Parker, chief executive at Parker & Boyd Inc, added, “We are convinced that Parker & Boyd Inc can add value to the operation through our integrated advisory and investment business model, providing specialized hands-on support from our industry-focused and experienced professionals.
“Through its strategic interests in the engineering, software and electronics industries across emerging markets, coupled with its excellent reputation and strong client relationships, we believe that our investment partner is uniquely positioned to capture the exponential growth that the Indian and Middle East telecoms markets experience.”
