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Announced

Completed

Kerv completed the acquisition the communications compliance practice business of TDS Global.

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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Management Consulting

Acquisition

Domestic

Completed

Private

United States

management consulting

consulting services

Majority

Friendly

Single Bidder

Synopsis

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Kerv, a customer-first cloud & digital transformation services provider, completed the acquisition the communications compliance practice business of TDS Global, a global IT-BPM and contact center support services company. Financial terms were not disclosed. “Across all Kerv's practices we have a strong focus on helping our customers transform their business by migrating to and then transforming in the cloud. As we approach our second anniversary, this acquisition is another significant milestone in the development of the group. With the compliance world relatively slow to migrate to the cloud compared to other sectors, this is a transformation that is now happening at pace and Kerv is well placed to capitalise on this significant market trend,” Alastair Mills, Kerv Executive Chair.

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