SYNNEX Acquires The Minacs Group and Integrates It Into Concentrix
July 11, 2016
SYNNEX Corporation agreed to acquire The Minacs Group Pte Ltd. for approximately $420 million and integrate the business into its Concentrix customer-engagement segment. The deal is intended to expand Concentrix’s automotive industry vertical and accelerate capabilities in marketing optimization and IoT-driven services, while adding scale and reach to serve enterprise clients.
- Buyers
- SYNNEX Corporation, Concentrix
- Targets
- The Minacs Group Pte Ltd.
- Sellers
- CX Partners, Capital Square, Other shareholders
- Industry
- Professional Services
- Location
- Singapore
- Transaction Type
- Buyout
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