PE-backed Telus International closes $250 mln buy of Xavient
Telus International, a provider of business process solutions, has wrapped up its acquisition of Simi Valley, California-based Xavient Digital, a provider of IT consulting solutions and software services. As previously reported, the deal was valued at US$250 million. Rothschild and Citibank were financial advisers to both Telus International and Xavient for the deal. Telus International is an affiliate of Canadian telecommunications service provider Telus Corp. In 2016, Telus announced it had sold a 35 percent stake in the unit to Baring Private Equity Asia.
6 February 2018•5 mins read
