Apollo Global Management and Hudson Executive Capital spent $1.5B on transaction processing services provider Cardtronics. Apollo helps accelerate growth through investment in the Company’s network to deliver new products.
The federal business of Unisys was sold for $1.2B to tech integrator SAIC in its quest to become a leading IT modernization provider in the government services market.
Software development company Virtusa was acquired for $2B by Asian private equity firm Baring Private Equity Partners.
The health and human services business of DXC Technology was acquired for $5B by Veritas Capital.
In July, Capgemini acquired WNS for $3.5 billion at a 2.8x revenue multiple. WNS provides business process outsourcing services globally, including analytics, customer experience management, finance and accounting and GRC services. It also offers AI-based omni-channel customer engagement software. The acquisition significantly enhances Capgemini’s outsourced IT services capabilities, strengthening its position in global BPO and digital customer engagement.
