Mega Deals

Earlier this month SK Shieldus, based in South Korea, was bought by Swedish PE firm EQT for $1.5B at 1.6 times revenue. 

The largest megadeal this quarter was the acquisition of outsourced customer care and payments BPO services provider from France, Webhelp, by Concentrix Corporation for $4.8B. 

The largest megadeal so far this year was the acquisition of colocation datacenter provider Switch by Digital Bridge for $8.4B at 17.6x revenue.

ManTech International was taken private by Carlyle Group for $3.9B at 1.7x revenue.

In August, transaction processing and integration services firm Computer Services was acquired by Bridgeport and Centerbridge for $1.6B at 4.7x revenue. 

In February, Telus acquired outsourced employee benefits plan consulting company Lifeworks for $1.7B. Telus will combine LifeWorks with its Telus Health unit that connects patients with physicians virtually through its mobile apps such as Akira and Babylon. 

South Africa-based Teraco Data, a provider of vendor neutral, carrier neutral and wireless colocation services, was bought for $1.7B by Digital Realty. 

In March, electronic payment processing company MoneyGram was acquired by Madison Dearborn Partners for $998M at 1.4x revenue. 

Huntington Ingalls Industries acquired for $1.4B Alion Science and Technology, a technology-driven solutions provider located in McLean, Virginia. 

IT systems integration and business consulting firm Capco was sold for $1.5B to Indian multinational corporation Wipro