Kapiti And Aregon Join Forces In Move Seen As Consolidation
THIS WEEK'S LEAD STORIES
U.K. financial software firms Aregon International Ltd. and Kapiti Ltd. have merged in what appears to be a shotgun wedding arranged by venture capital companies Advent Ltd. and Electra Investment Trust, which have stakes in both companies.
The combined company will operate under Kapiti's name. Barry Roberts, Aregon's managing director, becomes executive chairman of the combined company. Dick Willott remains as Kapiti's managing director. Sources say Aregon has been up for sale for some time.
Kapi
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