Capital Square Partners Acquires ~55% Stake in Indecomm Global Services
August 8, 2016
Singapore-based private equity firm Capital Square Partners has acquired close to a 55% stake in Indecomm Global Services, a Bangalore-headquartered technology-enabled services and outsourcing company, in a deal valued at about $90 million. The transaction provided exits to early investors WestBridge Capital Partners, Tiger Global and the International Finance Corporation (IFC); Indecomm serves clients in mortgage, healthcare and banking and has roughly 3,500 employees across 21 locations.
- Buyers
- Capital Square Partners
- Targets
- Indecomm Global Services
- Sellers
- WestBridge Capital Partners, Tiger Global, International Finance Corporation (IFC)
- Industry
- IT Services
- Location
- Karnataka, India
- Transaction Type
- Buyout
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