Avendus Capital has a clear leadership position advising on India-related transactions in the IT & Outsourcing sector.
Avendus Capital has a robust track record of domestic as well as cross-border transactions in this sector. These transactions span the entire spectrum including Mergers & Acquisitions advisory, Private Equity syndication, Structured Finance and Equity Capital Markets related transactions.
The firm's IT & Outsourcing Group has developed an in-depth understanding and strong competence across the following sub-sectors:
- IT Services: including Enterprise Software implementation, Application Development & Maintenance, Infrastructure Management Services, Outsourced Product Development, Testing, Software as a Service (SaaS)
- R&D Outsourcing: including Engineering Design Services, Semiconductor design
- Business Process Outsourcing (BPO): including horizontal services such as Contact Centres, Finance & Accounting, HR, Procurement. The Group also has experience working with industry-specific BPO businesses that focus on sectors including Financial Services (Banking, Mortgage, Fund Administration), Insurance, Healthcare, Legal, Travel, Publishing
An illustrative selection of some marquee transactions concluded in the Technology & Outsourcing industry are listed below:
- Sellside Advice to the Board of Satyam Computer in its sale to Tech Mahindra for US$ 582 mm. This was a global sale process managed as an open and transparent auction
- Buyside Advice to Aditya Birla group in the acquisition of Minacs Worldwide, a BPO company based in Canada, for US$ 125 mm
- Sellside advice to MarketRx, a company in the Life Science analytics space in its sale to Cognizant Technologies for US$ 135 mm
- Sellside advice to Cymbal, Inc. in its sale to Patni Computers for US$ 68 mm
- Merchant banker in the US$ 42 mm IPO of Infinite Computer Solutions
To know more about the IT & Outsourcing Group, write to tech-outsourcing@avendus.com