London Technology Club founder enjoys successful exit with Channel Mechanics acquisition [Yahoo! Finance]
IG GROUP HLDGS PLC S/ADR (IGGHY)
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Source: Yahoo! Finance
members and family offices in the technology sector, announces a successful exit for its founder and CEO Konstantin Sidorov and some members from the sale of the leading Partner Relationship Management (PRM) company Channel Mechanics to Allbound. The acquisition of Galway-based Channel Mechanics to Allbound creates the industry's most comprehensive PRM platform with more than 1.1 million registered opportunities totalling more than $140 billion of sales through partnerships on the combined platforms. Sidorov will receives a strong return on his initial investment from just less than 8 years ago. LTC was founded by Konstantin Sidorov , the international entrepreneur and investor with over 30 years' experience. From 1992 he built up RRC to become the largest IT holdings in Eastern Europe , and in 2016 he sold the Eastern European division to Ingram Micro, a NASDAQ listed company. Konstantin has specialist expertise in tech investment; he was one of the early investors in Spotify and
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