Outsourcing majors, PE funds in fray for Everise

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Mumbai: Global outsourcing firms such as Accenture and Teleperformance are competing with a clutch of private equity funds for potential acquisition of global ITeS firm Everise..

Investment banks Morgan Stanley and BNP Paribas are advising Brookfield in this potential transaction...

Buyout funds such as Blackstone, BPEA EQT, KKR, Carlyle, Apax and Warburg Pincus are interested and non-binding bids are likely to be placed by early June, added sources..

In 2020, Brookfield acquired Everise from Everstone after outbidding global outsourcing provider Platinum in a deal worth $450 million...

French customer experience major Teleperformance Group has been expanding its presence in markets like India after its $1-billion acquisition of BPO firm Intelenet from Blackstone in 2018..

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