Straive Explained

Straive (formerly SPi Global) is a Singapore-based professional services and content technology company. It was founded in the Philippines as Saztec Philippines Inc., rebranded to SPi Technologies Inc. in 1996[1] , and then Straive in 2022. It was acquired by Hong Kong-based private equity company Baring PE from Partners Group.[2] As SPi Global, Straive was previously owned by PLDT until 2017.[3]

On August 20,2021, EQT (EQTgroup) acquired Straive[4]

References

4. Birchall, S.(2021). Baring Private Equity Asia. RealDeals.com. Retrieved from https://realdeals.eu.com/article/partners-group-exit-straive-to-baring-private-equity-asia/

Notes and References

  1. News: Journal . Jon LidenStaff Reporter of The Wall Street . The Philippines Helps SPI Climb Technology Ladder - WSJ . 2024-05-26 . WSJ . en-US.
  2. Web site: 2024-05-26 . www.bloomberg.com.
  3. Web site: Partners Group to acquire SPi Global . 2024-05-26 . pldt.com . en.

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