LCP Fund II, managed by Egypt focused private equity firm Lorax Capital Partners, has announced the acquisition of a significant minority stake in DSQ Group, one of the leading end-to-end loyalty and rewards solutions providers in the CEMEA region serving over 45 local and international clients and with a reach of more than 100 million customers.

LCP’s investment mainly consisted of a significant capital increase to support the scaling of new business lines and to further expand the ...