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Financial terms of the acquisition were not announced. As part of the acquisition, Dimension Data said it has added 657 employees from Nexus to its operations. As part of the acquisition, Dimension Data said it has added 657 employees from Nexus to its operations. READ MORE>>.
Los Angeles-based private equity investor The Gores Group announced this morning that it has completed the acquisition of GE Healthcare STrategic Sourcing , from GE Healthcare. and provides electronic billing and electronic medical records outsourcing. Financial terms of the buy were not disclosed.
Outsourcing can be cheap. Both can hurt you in an acquisition. You need to understand motives of buyer (talent, product, revenue, strategic purchase) and where you fit in. People hate to acknowledge that location of team matters. Often it does. Remote teams can be higher retention for staff.
Aliso VIejo-based UST Global , a provider of IT services and outsourcing, said today that it has acquired four different companies over the past six months expanding its workforce in the US, ASia, India, Europe, and Latin America. Financial details of those acquisitions were not announced. READ MORE>>.
Simi Valley-based Xavient Information Systems , a provider of IT outsourcing services, and Virginia-based Vision360 , a provider of custom software development, testing, and other services for the telecommunications industry, said today that they are in a definitive merger agreement, where Xavient will acquired Vision360.
Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. banctec handson3 buyout private equity merger acquisition business process outsourcing dataforce group' Financial terms of the buy were not disclosed. READ MORE>>.
Newport Beach-based private equity firm ClearLight Partners said earlier this week that it has agreed to sell The Outsource Group , one of its portfolio companies, to Parallon Business Solutions , a subsidiary of HCA Holdings. The OutSource Group was based in St. Financial terms of the deal wre not disclosed. READ MORE>>.
Financial terms of the acquisition were not announced. OAOT provides managed IT services to government agencies, Fortune 500 companies, and global outsourcing firms. Tags: platinum equity merger acquisition private financial services. Platinum Equity said it acquired OAO Technology Solutions from an affiliate of J.F.
The UniSys unit provides design, development, implementation, and business process outsourcing to state governments for Medicaid management. Tags: acquisition merger information unisys healthcare molina. The firm said the buy would complement its Medicaid health plan business.
Irvine-based Source Scientific , a provider of outsourced engineering, manufacturing, and services for the medical and diagnostic instruments industry, has been acquired by BIT Analytical Instruments , the firms said this morning. Financial details of the buy were not disclosed. BIT Analytical Instruments is based in Schwalbach, Germany.
TeleTech is a large provier of customer service outsourcing to companies. webmetro teletech search marketing digital agency merger acquisition' The two said they expect the deal to be complete in August. According to both companies, WebMetro founder Carlos Ugalde will continue to lead the business. READ MORE>>.
Irvine-based business process outsourcing provider Alorica said Wednesday that it has completed its $275M acquisition of West Corporation. Alorica said the acquisition makes it the largest business process outsourcing provider in the U.S., alorica merger acquisition west corporation outsourcing' READ MORE>>.
Irvine-based business process outsourcing provider Alorica said Wednesday that it has completed its $275M acquisition of the agent services business unit of West Corporation. Alorica said the acquisition makes it the largest business process outsourcing provider in the U.S., with a net worth of $1.2 READ MORE>>.
Irvine-based business outsourcing provider Alorica said Thursday that it has acquired Expert Global Solutions, Inc. , a provider of outsourced, customer service and financial collections services. Financial terms of the deal were not announced, hwoever, Alorica said the acquisition will push the company to a projected $2.4
Note: There are clearly routine tasks which can be effectively outsourced at a startup, including those which: (i) do not require a significant time investment on the part of the entrepreneur to educate the outsourcer or, (ii) no institutional knowledge is gained by the outsourcer which could be critical to the venture’s success.
El Segundo-based Wyle , the provider of outsourced engineering and scientific services to the Federal Government, has completed its acquisition of fellow professional services provider KBR. The deal was worth $570M in total. The deal had been announced earlier in May.
San Diego-based outsourced healthcare R&D marketplace Scientist.com said this morning that it will acquire HealthEcnomics.com , which operates an online community of scientists and suppliers of heatlh economics and outcomes research. Financial details of the acquisition were not announced.
Irvine-based customer service outsourcing provider Alorica said Wednesday afternoon that it has paid $275M for the agent services businesses of West Corporation. alorica business process outsourcing west corporation merger acquisition customer service nearshoring offshoring' billion in revenues in 2015. READ MORE>>.
Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. They most often really just need either a Part-Time CTO or Technology Advisor , and then some combination of hiring and/or outsourcing (on-shore or off-shore).
Los Angeles-based PeopleSupport, a provider of business process outsourcing services, has gained clearance under the Hart-Scott-Rodino Antitrust act for the firm's merger with Mumbai, India-based Essar Group and its Aegis BPO unit. The clearance is a milestone along the firm's way to acquisition by Aegis BPO, a unit of Essar Group.
Simi Valley-based Xavient Information Systems , a provider of outsourced IT services, has been acquired by TELUS International , the two announced this morning. TELUS International was advised by Rothschild, and Xavient was advised by Citibank in the acquisition deal. Xavient has more than 1,800 employees, in sites both in the U.S.
Financial details of the acquisition were not disclosed. cbre environmental systems cleantech merger acquisition realestate energy management outsourced services' Los Angeles-based commercial real estate services and investor CBRE said this morning that it has acquired Environmental Systems, Inc. READ MORE>>.
NetSol, which provides business outsourcing and enterprise application development, did not disclose financial terms of the buy. NetSol said the acquisition will allow it to launch a global SAP practice; Ciena's customers include such firms as Southern California Edison and Ticketmaster.
CSM Software , and engineering and high tech services outsourcer whose founder and chairman is based in Westlake Village, has been acquired by Japanese company SOLIZE Group , acording to the companies. Financial details of the acquisition were not disclosed.
According to TELUS International, the acquisition deal will help it expand its global service offerings, and allow it to expand into India. TELUS International provides business process outsourcing and IT services, and has nearly 28,000 employees. READ MORE>>.
Laguna Niguel-based Vereco , a hospital and healthcare document management provider and outsourcer, has been acquired by private equity investor Stella Point Capital. The acquisition was financed by a senior credit facility from Monroe Capital LLC. Financial details of the deal were not annoucned.
Now, he ‘outsources’ his investments through John Frankel of Frankel Asset Management. Quigo Lands Overture as Client, Rejects Their Acquisition Offer. After rejecting the offer, Mike had a team of his best people waiting to ‘kill’ him for turning down an acquisition that would have changed their lives forever financially.
TriNet is a provider of outsource human resources services. According to PandoDaily, citing "sources with direct knowledge of the transaction", the deal was signed last Thursday. ExpenseCloud--which was formerly known as ExpenseBay--offered up an online application which helped users manage and submit expense reports. READ MORE>>.
Santa Monica-based outsourcing provider TaskUs, founded by Bryce Maddock and Jaspar Weir, had a successful IPO on Friday, raising $304M in an IPO on the Nasdaq. The company was up around 30% in its IPO in trading on Friday, trading as TASK. The company priced its IPO last night at $23 per share, at the midpoint of its $22.00
Irvine-based OneMind Connect , which develops the ExpensAble expense report management software, has been acquired, according to human resources outsourcing firm Administaff. Tags: acquisition merger software management report expense expensable connect onemind. Administaff did not reveal any financial details of the buy.
Wave Technology Solutions Group provides IT consulting, business process outsourcing, and other products to corporations, government agencies, and municipalities. Tags: radianta merger technology acquisition integrator consulting wave system solutions.
The company does not expect to start using its own processing services until the end of a two-year outsource processing agreement it currently has with TSYS. READ MORE>>.
Outsourcing ► April (1) GoogleClick - Who owns your cash register? Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big. Outsourcing By Frank Addante (Part 5 of a 5 part series: " So, you need to develop a product? ") Outsourcing has become a popular topic and practice these days. Be scrappy.
Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M. READ MORE>>.
Back in 2003 and 2004, we were focused on the international market, and started outsourcing to India and the Philippines for call center services. How did acquisition come about? The original company found that getting IVR deployed was actually very hard. Dan Tamkin: Veolia had been a customer of ours for awhile.
The firm said it sold the unit for $50M in cash to Cognizant , a provider of information technology, consulting, and business process outsourcing services. The two said that as part of the deal, the two have agreed to a services agreement worth $325M over five years, where Cognizant will provide CoreLogic with a range of services.
- Growthink blogs , October 29, 2010 Have a Look Inside an Angel’s Brain - Ask the Angels , December 1, 2010 Mark Suster Lays It Down At Columbia - Get Venture: Venture Made Transparent , November 13, 2010 SMALL BUSINESS IDEAS: GROW SLOW - The Freestyle Entrepreneur , May 1, 2010 The Five Domains of High Performance - Seeing Both Sides , January 18, (..)
This reduces the cost of customer acquisition, allows easy upgrades for service and new features, and improves customer loyalty in the face of new competitors in the market. Every new business has unexpected pivots and adjustments, and outsourcing is easier to manage. Prioritize mergers and acquisitions early.
This may also be the moment when you get your first big acquisition offer, rather than a clone appearing. One approach, which is even more work, is to keep tasks in-house rather than outsourcing. Appreciate the media accolades and peer success feedback. This is a task that you should never delegate.
Medsphere has been slowly growing the company through similar mergers; the company merged with IT solutions provider ChartLogic in June of 2016, and merged with IT outsourcing provider Phoenix Health Systems back in 2015. Financial terms of the merger were not announced. READ MORE>>.
San Diego-based TAG, a provider of outsourced accounting and IT services, said Tuesday that it is in a merger agreement with Southern California Computer Services (SCCS), a business application and IT consulting company. According to TAG, it will pay up to $1.5M
We provide a turnkey, back end, managed service offering for brands and retailers on an outsourced basis. We are an option for brands who don''t want to build it themselves in-house, from soup to nuts, or don''t want to outsource to a single vendor. For those who haven''t heard of OneStop Internet, tell us about the business?
Strategic partnerships in this context can take the form of joint ventures, intellectual property licensing, outsourcing agreements, or even cooperative research. Let market response dictate a later split, merger, or acquisition. Longer term, when ready, it may be time for merger or acquisition. Willing to learn from each other.
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