February 4, 2011 Seychelles, Victoria, 04-Feb-2011: Radix Capital today announced the acquisition of Cyprus based CCLOGIC Ltd. CCLOGIC is a consultancy firm in the business of Incorporation services and asset protection in connection with complex Offshore Company structuring. “CCLOGIC is operating a legitimate business which takes measures on each business case to prevent any illegal activities. They also comply with the recent money laundering laws and the patriot act regulations to ‘know your customer’”, said Marc Densinger, Vice President in charge of Acquisitions and sourcing. “CCLOGIC is an innovative small company that has during its short lifetime developed an impressive marketing strategy and client database. Radix Capital intends to continue developing CCLOGIC to be a profitable business and expand our commitment to the existing clients .
Radix Capital has already put knowledge and resources into the company to extend the area of professional services provided by the company.
We expect to make additional contributions in the future.
CCLOGIC Ltd is not a static company which has its focus on only one jurisdiction; it is focusing on many different jurisdictions which will have a synergic effect if chosen correctly.
CCLOGIC Ltd’s contractual relationship with the lawyers, accountants and other professionals comes up for renegotiation next year. Radix Capital fully expects to negotiate an extension of that relationship.
Terms of the transaction were not disclosed.
More information can be found online at http://www.radixcapital.org
No announcement yet.
Radix Capital takes over CCLOGIC Ltd
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