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http://static.ft.lk/ft_logo.png"/> MTI takes a stake in Respere with Intellectual Capital
Home / / MTI takes a stake in Respere with Intellectual Capital

MTI takes a stake in Respere with Intellectual Capital

Comments / 1218 Views / Thursday, 19 May 2011 00:27

MTI Technology (www.mtitechnology.com), a subsidiary brand of MTI Consulting, has taken a strategic stake in Respere (www.respere.com), by investing Intellectual Capital – a concept that MTI has pioneered.

Respere is a leader in humanitarian ICT solutions, ranging from disaster management to donor/aid management software solutions.

MTI Technology will start off by developing an international strategic plan, after which MTI will estimate the investment needed for Respere, to take its business model to the next level on a global scale. Based on this, MTI’s Corporate Finance (M&A Unit) will identify suitable investors, possibly both debt and equity, along with the new investor (who would ideally be able to bring in domain or market access experience).

The three parties will aggressively roll out the new strategic international expansion plan. The concluding game plan would be to sell a stake of the company to international technology investors, thereby having all three parties benefit from a premium return for their investment.

Respere is a technology company which has specialised in providing humanitarian technology solutions- combining world class professionalism with high skilled engineers and cutting edge delivery. Respere was founded in 2007 to provide solutions, services and support for the Sahana Disaster Management System and related technologies. Over the years it has grown into a company that provides niche products and bespoke solutions that cater to the humanitarian domain.

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