Announced
Completed
Financials
Tags
Completed
Friendly
technology consultancy
Acquisition
Majority
Single Bidder
IT Services: Other
Private
United Kingdom
Cross Border
Private Equity
Synopsis
Wipro, an information technology, consulting and business process services company, completed the acquisition of Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions, from Clayton Dubilier & Rice for $1.45bn. "Together, we will offer bespoke transformational end-to-end solutions, now powered by innovative technology at scale, to create a new leading partner to the financial services industry. We look forward to leveraging the complementary capabilities and similar cultures of both companies to drive industry change and offer exciting opportunities for both our clients, and our people,” Lance Levy, Capco CEO.
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