The LMKR Holdings has announced that Actis, a private equity investor in emerging markets, has acquired a 49 percent interest in LMKR Holdings, for an undisclosed sum.
The LMKR is a global provider of information management solutions to petroleum engineering services companies with subsidiaries in US, Pakistan, Malaysia, Trinidad, and a branch office in Dubai, says a press release.
LMKR Holdings CEO Atif Rais Khan termed it a positive and strategic development for the company. Actis' investment will enable our business to accelerate its growth and expand its global presence and set the stage for a public offering in the next two to three years, he said.-PR