New Mountain Capital buys US-India BPO player
US private equity firm New Mountain Capital has agreed to acquire Emids, a US-headquartered business process outsourcing (BPO) provider with extensive operations in India, for an undisclosed sum.
The transaction will provide exits for US-based GPs Baird Capital and Council Capital, which invested a combined $13.3 million in the company in 2013, while Emids management and other select stakeholders...
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