Onex completes sale of Sitel Worldwide to France’s Groupe Acticall

Canadian private equity firm Onex Corp has completed its sale of Sitel Worldwide Corp, a U.S.-based provider of outsourced customer care and back-office processing services. As previously reported by peHUB Canada, the buyer was Groupe Acticall, a customer relationship management business based in France. Onex said it expects to see net proceeds of about US$55 million, including an earn-out component, from the sale. In 2007, ClientLogic, a portfolio investment of Onex, acquired and merged with Sitel. It remains a portfolio company of OMERS Private Equity.

21 September 2015•2 mins read
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