Announced
Completed
Financials
Sources
Tags
Completed
software engineering
Majority
Acquisition
Friendly
United States
Private Equity
Cross Border
IT Services: Other
Private
Single Bidder
Synopsis
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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