Asia-focused private equity firm Baring PE Asia which is acquiring BPO firm IGT Solutions from Apollo Global is in the process of raising $350 million in debt to finance the $800 million buyouts, said two people aware...
Baring Asia to buy IGT Solutions for $800 million, its third India tech buy in eight months
Baring PE Asia (BPEA) is all set to acquire specialist BPO firm IGT Solutions, formerly InterGlobe Technologies, from an affiliate of Apollo Global Management in what would be its third Indian tech sector scalp in the...
CCI accepts acquisition of Intelenet by Teleperformance for $1 billion
The Competition Commission has approved the billion-dollar acquisition of BPO firm Intelenet by French outsourcing firm Teleperformance from private equity major Blackstone. Teleperformance had announced the acquisition...
Aegis, StarTek complete merger; Lance Rosenzweig appointed as global CEO
BPO firms Aegis and StarTek on Sunday announced completion of their merger, with the combined entity having revenue of over $700 million and workforce of 50,000 employees across 13 countries, including India. The...
Synnex in talks to acquire call center operator Convergys – sources
Business process services company Synnex Corp (SNX.N) is in discussions to acquire Convergys Corp (CVG.N), a call center operator, in a move that would create a bigger player in the technology and information services...
Datamatics Global soars 15% on acquisition of BPO firm RJ Globus Solutions
Shares of Datamatics Global Services have rallied 15% to Rs 129 per share, extending their 2% gain on the BSE on Friday, after the acquisition of RJ Globus Solutions, a BPO company in Philippines, to strengthen...
Essar completes sale of BPO business to Capital Square Partners
Ruia-led Essar Group said it has concluded the sale of Aegis BPO to Capital Square Partners for $300 million (nearly Rs 2,000 crore). This marks the exit of Essar Global’s from the business process outsourcing...
CCI approves sale of Essar’s BPO Aegis
The Competition Commission has approved the sale of Essar Group’s BPO company Aegis Ltd to Singapore-based private equity fund manager Capital Square Partners (CSP). In a tweet, the Competition Commission of India...
Route Mobile acquires BPO Call2Connect
Route Mobile, a mobile technology firm with expertise in messaging and voice interface, has bought business process outsourcing company Call2Connect from Arabi Holding Group for an undisclosed amount. Route Mobile...
Essar to sell Aegis for $300 million, exit BPO business
The Ruias-led Essar Group on Monday said it would sell its business process outsourcing (BPO) unit, Aegis, to Singapore-based private equity firm Capital Square Partners, and exit its BPO business. Essar would use $300...
BPO firm WNS acquires US-based Denali Services for $40 million
Business process management company WNS Global Services on Tuesday announced the acquisition of US-based Denali Sourcing Services for $40 million to improve its capabilities in the sourcing and procurement capabilities...
Firstsource looks at further global acquisitions to expand business
BPM firm Firstsource Solutions, an RP-Sanjiv Goenka Group company is looking at global acquisitions as the path to grow its business and diversify a portfolio in the coming years. The BPM (business process management)...
