TELUS International to Acquire WillowTree
October 27, 2022
TELUS International has entered into a definitive agreement to acquire WillowTree, a full-service digital product provider, for an enterprise value of US$1.225 billion (inclusive of US$210 million of assumed debt). The deal is expected to close in January 2023, subject to customary closing conditions and regulatory approvals, with Insignia Capital Group selling its majority stake.
- Buyers
- TELUS International
- Targets
- WillowTree
- Sellers
- Insignia Capital Group
- Industry
- IT Services
- Location
- Virginia, United States
- Transaction Type
- Buyout
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