Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Mid-tier It, Bpo Space Sees Surge In Consolidation As Firms Chase Scale | Business Standard News
Private Equity

Mid-tier It, Bpo Space Sees Surge In Consolidation As Firms Chase Scale | Business Standard News

by business-standard.com posted 4months ago 23 views
Need to garner scale, attractive valuations giving rise to consolidation in the space. : Mid-sized information technology and business process management (BPM) services firms are witnessing a wave of consolidation in recent times as a decline in legacy business and the need to expand digital capabilities are prompting firms to seek scale in orders to stay competitive. On the other hand, industry observers are of the opinion that given the attractive valuation of mid-tier IT companies, many promoters also want to cash in the gains by selling out stakes to interested parties.

In this article