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Announced

Completed

Capital Square Partners-backed StarTek completed the acquisition of a minority stake in CSS for $30m.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

cyber solutions

computer networking

Private

IT Services: Other

Domestic

Single Bidder

Private Equity

Friendly

United States

Minority

Acquisition

Synopsis

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Capital Square Partners-backed StarTek, a customer experience management solutions provider, completed the acquisition of a minority stake in CSS, an IT services and technology support solutions company, for $30m. “This investment marks a key inflection point for Startek as it accelerates our adoption of digital-driven services and improves our potential for margin expansion. I have been closely following CSS for many years as they have built a unique organization that spearheads technology solutions for some of the biggest names in the rapidly growing technology sector. We are excited with this investment and look forward to our partnership with CSS," Aparup Sengupta, StarTek Chairman and CEO.

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