Dexterus Closes the Doors; Remaining Staff Turned Out
ORGANIZATION AND MANAGEMENT
LONDON--Dexterus backer Bain Capital has pulled the plug on the company, which launched in April. The London office closed on Oct. 24, and the 34 remaining staff members are out of jobs.
A source close to the situation says high costs were the company’s downfall, not its business model. Dexterus, a start-up company specializing in providing integrated telecommunications and IT services to the financial community, had recently been seeking additional funding to help keep it going (Trading
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