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New Deal


Announced

CDPQ to acquire a majority stake in Wizeline.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
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Tags

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technology services provider

Private Equity

Private

Majority

Cross Border

Digital Services

Acquisition

Friendly

Single Bidder

United States

Pending

Synopsis

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CDPQ, a fund management company, agreed to acquire a majority stake in Wizeline, a technology services provider. Financial terms were not disclosed. “Over this past year, we’ve continued to see an accelerated need for digital products and platforms across all industries, which makes it the right time to take the next big step in our journey to become a global leader in the technology services space. The investment from CDPQ, and the continued partnership with Apax Digital Fund will support our vision of providing customers with the most advanced technology solutions, while contributing critical skills development to the next generation of technology creators," Bismarck Lepe, Wizeline CEO and Founder.

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