PE funds' exit could shake up BPO space
The coming months could see a spate of mergers & acquisitions in the Indian business process outsourcing (BPO) space, with several private equity funds looking at exercising the exit option.
Investment banking officials said PE firms generally invest for 5-7 years and then cash out. In some of their current investments, the normal investment cycle is either over or coming to an end. Last year, several funds had to postpone their exit because of the global meltdown.
Sources said several PE funds have opened channels with top IT firms, exploring the exit options.
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To read the ePaper, visit: http://epaper.financialexpress.com
Investment banking officials said PE firms generally invest for 5-7 years and then cash out. In some of their current investments, the normal investment cycle is either over or coming to an end. Last year, several funds had to postpone their exit because of the global meltdown.
Sources said several PE funds have opened channels with top IT firms, exploring the exit options.
To read the full article, click here...
To read the ePaper, visit: http://epaper.financialexpress.com
posted by PressMart Team at
10:53 AM
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