Partners Group buys majority stake in India’s CSS Corp - Update
Partners Group has acquired a majority stake in IT services provider CSS Corp. for $270 million. The deal facilitates the exit of existing investors SAIF Partners, Goldman Sachs and Sierra Ventures.
Partners Group did not disclose the size of its holding, but previous reports have put it at 80%. CEO T.G. Ramesh and private equity entrepreneur Sanjay Chakravarty are understood to own the remainder...
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