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Announced

Completed

Comdata completed the acquisition of insurance BPO branch from Kauri Financial Services.

Financials

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

Tags

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Domestic

Acquisition

Majority

Italy

Private

insurance

Completed

Friendly

Single Bidder

Insurance Brokers

Synopsis

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Comdata, a service provider in Customer Management BPO, completed the acquisition of insurance BPO branch from Kauri Financial Services, a financial services provider. Financial terms were not disclosed. "I would like to welcome our new colleagues: their proven track record and high degree of process expertise, coupled with the strength of our organization, will help us position ourselves as a leading player in business process outsourcing services for the insurance industry," Massimo Canturi, Comdata Italia CEO.

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