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iGATE Corporation Message Board

  • floppy_6 floppy_6 Feb 16, 2013 12:39 AM Flag

    Viscaria/Apax are buying

    They were the original financer providing the loan in the form of preferred stock to facilitate the purchase of Patni. So, they are regarded as insiders.

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    • If you call Robert Davoli/Sigma partner to be the incubator on VRTU, then the incubator here must be Apax fund. Two incubators had totally opposite acts in last two years. Robert Davoli/Sigma was always on the seller's side vs. Apax was always the buyers (see insider transaction). I own both stocks. VRTU is a better growth story but if you want to follow the act of major shareholder, I go with Apax.

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