Announced
Financials
Tags
Majority
Private Equity
Friendly
Private
Pending
Knowledge Process Outsourcing
learning platform
talent development company
Acquisition
United States
Synopsis
Investcorp acquired a controlling stake in Revature, a leading technology talent development company. Revature, one of the largest employers of university graduates in the US, offers no-cost coding immersion programs that are the first in the industry to address the growing technology skills gap. The terms of the transaction were not disclosed. "Given our expertise in the education as well as IT staffing sectors through our prior investments in the US, we see an incredible partnership opportunity with Revature," said Rishi Kapoor, Co-CEO of Investcorp. "This investment also underscores our continued focus on services driven businesses using innovative approaches and business models to better serve core industry verticals across the US."
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