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Corsair Capital acquires majority stake in Zedra

Private equity firm Corsair Capital LLC closed its majority investment in Zedra.

The transaction, which was first announced Nov. 28, 2018, has been approved by regulators.

Bart Deconinck was appointed group executive chairman, and Ivo Hemelraad, Zedra's former director of corporate funds and legal, will assume the role of Group CEO.