Gores Group sells Millennium1 Solutions to Dimension Data
U.S. private equity firm Gores Group has sold Millennium1 Solutions, a Toronto-based business process outsourcing solutions provider, to Dimension Data plc, a South African information and communications technology services and solutions business. No financial terms were disclosed. Millennium provides contact centre, credit card, and back office and administration services to Canadian customers in the financial services, insurance and retail sectors. It will be combined with Merchants, Dimension Data's customer management outsourcing solutions affiliate. Gores Group acquired Millennium in 2013, carving it out of Canadian financial technology company DH Corp.
5 June 2018•3 mins read
