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New Deal


Announced

Completed

ChrysCapital completed the acquisition of Xoriant.

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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Completed

software engineering

Majority

Acquisition

Friendly

United States

Private Equity

Cross Border

IT Services: Other

Private

Single Bidder

Synopsis

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ChrysCapital, a private equity firm, completed the acquisition of Xoriant, a software engineering and digital it services provider. Financial terms were not disclosed. "At ChrysCapital, we have developed deep expertise with Digital IT Services across industry verticals. Given our experience in the space, we are confident of the value addition that ChrysCapital would bring to Xoriant in this journey. We are committed to building further on the company's attractive client set, long-standing relationships, domain and service-line expertise as well as Digital IT offerings," Akshat Babbar, ChrysCapital Director.

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