Mill Point Capital completed the acquisition of a majority stake in iQor.

Mill Point Capital, a private equity firm, completed the acquisition of a majority stake in iQor, a customer engagement business process outsourcing company. Financial terms were not disclosed. “The strength of Mill Point Capital offers an extraordinary opportunity to accelerate our growth and continue our leadership across a broad array of customer engagement solutions. This investment will support and grow our customer-centric AI capabilities and world-class team while continuing to prioritize operational excellence, allowing us to expand our reach into new industries and markets and ensure that, as a trusted partner, our clients continue to count on us as an integral part of their operations,” Chris Crowley, iQor President and CEO.