Reprieve for Dexterus as New Buyers Sweep In

ORGANIZATION AND MANAGEMENT

LONDON--Dexterus has found new backers and put its original founders into place as the management team, after backer Bain Capital pulled the plug on new funds two weeks ago (IMD, Oct. 29).

Dexterus, a start-up company specializing in providing telecommunications and IT services to the financial industry, closed its London office on Oct. 24, and many of the 34 remaining staff members were put out of work. Dexterus launched in April (IMD, April 9).

Luca Pepere, representative of the acquiring

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Waters Wrap: The tough climb for startups

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