Announced
Synopsis
Baring Private Equity Asia, a private equity firm, agreed to acquire SPi Global, a provider of specialized business process outsourcing services, from Partners Group, a global private markets investment manager. Financial terms were not disclosed. "Straive has been on an incredible growth journey under Partners Group's value-added ownership. SPi's recent rebranding to Straive marks our more advanced offering and increased focus on technology-driven solutions. We have started to see the fruits of investing behind and expanding our addressable markets. We thank Partners Group for their value creation approach, platform building contributions, and financial resources, which have been crucial in transforming our business. We now look forward to working with BPEA on our exciting next chapter," Ratan Datta, Straive CEO.
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