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New Deal


Announced

Completed

New Mountain-backed Bounteous completed the acquisition of Lister Digital for $55m.

Financials

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Transaction Value£40m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

Domestic

digital consultancy

Acquisition

Completed

Digital Services

Majority

Single Bidder

Private

Private Equity

Synopsis

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New Mountain-backed Bounteous, an insights-driven digital experience consultancy, completed the acquisition of Lister Digital, a full-service digital transformation consultancy with offices in Chennai, India, and San Mateo, California, for $55m. "We are excited to expand our global delivery capabilities to India and to work together with the Lister leadership team to drive better outcomes for all of our clients. Lister’s long track record of success serving large North American clients and access to an incredibly deep pool of digital talent in India will greatly benefit our clients. This is a big step in helping us realize our vision of becoming the world’s preeminent independent digital consultancy," Keith Schwartz, Bounteous CEO.

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