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Announced

Completed

Concentrix completed the acquisition of PK from The Carlyle Group for $1.6bn.

Financials

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Transaction Value£1,189m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Majority

Digital Services

Domestic

Private Equity

Friendly

Acquisition

CX design

United States

Single Bidder

Completed

Synopsis

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Concentrix, a global provider of customer experience, completed the acquisition of PK, a global CX design engineering company, from The Carlyle Group for $1.6bn. "We are incredibly excited to welcome the PK team to Concentrix and build the future of CX together. This acquisition adds immediate and meaningful breadth and scale to our CX digital capabilities. It establishes a stronger presence in the complementary CX digital IT services market, while enhancing our ability to continue to increase our margins in high value services," Chris Caldwell, Concentrix President and CEO.

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