Blackstone drops out of race to buy Serco BPOBlackstone has dropped out of the bidding to buy Serco BPO because it found the price quoted by its British parent too high.
13 Jun, 2015, 04.00 AM IST
Sale of Serco BPO hits pricing stumbling block as PEs drop outSerco BPO, which has about 60,000 employees globally, was put up for sale by Serco Group late last year, to help fill a £1.5 billion hole i...
19 May, 2015, 04.19 AM IST
More woes for Serco’s struggling BPO arm as it posts loss of 23.4 million pounds in 2014Troubles at the parent company, including allegations of fraud committed in government contracts, led Serco Group to put the BPO unit up fo...
13 Mar, 2015, 04.00 AM IST
Bid to plug £1.5 bn hole: Bleeding UK parent puts, India's third-largest BPO, Serco on saleThe review, which was led by McKinsey, concluded that the company should sell its noncore businesses, including the BPO business.
14 Nov, 2014, 06.36 AM IST
- Serco bags Rs 115 crore bus rapid transit contract in Indore
Global services firm Serco today said it has bagged a 13 million pound contract to operate and maintain a new bus rapid transit system in I...
10 Sep, 2012, 07.00 PM IST
Serco in exclusive talks with Aegon for multi-million pound BPO dealThe deal is in excess of 150 mn pounds. The partnership will be for providing customer contact & support services for Aegon's UK-based prot...
05 Jul, 2012, 07.31 PM IST
- UK based Serco brings all BPO assets under one roof
The new division also includes BPO capability brought in from a small acquisition in Australia, Excelior, made a few months ago, and Infovi...
13 Apr, 2012, 04.16 AM IST
Serco launches new global BPO division, eyes $1 billion revenueThe Global Services division has a workforce of around 50,000, over 150 clients and a diversified footprint with a presence in 10 countries.
12 Apr, 2012, 03.30 PM IST
- Intelenet Global in talks to buy Excelior
Intelenet Global is in discussions to acquire Excelior, a business process outsourcing firm based out of Australia.
05 Oct, 2011, 05.49 AM IST
- Microland inks $55 mn IT services deal with Serco
Microland Ltd today said it has signed a multi-year IT infrastructure management services deal with UK-based Serco valued at USD 55 million.
10 Aug, 2011, 05.20 PM IST
BPO is moving from back office to front office: Intelenet Global ServicesBesieged by private equity investor Blackstone and a business gap in India's largest domestic BPO Intelenet Global Services, the company’s ...
04 Jul, 2011, 11.03 AM IST
- Blackstone sells stake in back office firm Intelenet to UK's Serco Group for around $500 million
The transaction gives Serco, which provides business services in UK & other countries, a presence in back-office services & a sizeable foot...
01 Jun, 2011, 02.41 AM IST
- Serco in talks to buy stake in Intelenet Global: Report
Serco is in talks to buy a stake in Intelenet Global Services, one of India's leading BPO companies, from US private equity firm Blackstone...
10 May, 2011, 03.43 PM IST
‘Government outsourcing yet to come’In a first of its kind, acquisition of an India-focused BPO by a foreign company, the UK-based $6-billion Serco Group bought out Gurgaon ba...
27 Dec, 2008, 12.47 AM IST
- Serco acquires 60% in InfoVision for Rs 98 cr
UK-based services firm Serco Group has acquired a 60% stake in India’s largest local BPO firm InfoVision for about Rs 97.7 crore.
12 Dec, 2008, 01.24 AM IST
- UK's Serco buys InfoVision for $75 mn
The company has bought a 60% stake and will acquire the rest over the next couple of years.
22 Nov, 2008, 01.39 AM IST
- UK’s Serco in talks to buy InfoVision for Rs 250 cr
UK-based $2.6-billion services major Serco Group is in talks to acquire Indian BPO player InfoVision Group.
06 Sep, 2008, 12.09 AM IST