StarTek - M&A Summary, Ownership, and Business Overview

Business ServicesCompany

StarTek M&A Summary

StarTek has acquired 6 companies of its own, including 1 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 1 asset.

StarTek’s largest acquisition to date was in 2013, when it acquired Movate for $270M. It’s largest disclosed sale occurred in 2023, when it sold Contact Center Company to Arabian Internet & Communications Services for $61M. StarTek has acquired in 3 different US states, and 4 countries. The Company’s most targeted sectors include business services (67%) and marketing (17%).

StarTek Ownership

Who owns StarTek?

StarTek is owned by Capital Square Partners. It was acquired on January 5, 2024.

Is StarTek PE-backed?

Yes. StarTek is owned by private equity investor Capital Square Partners.

StarTek Business Overview

Where is StarTek headquartered?

StarTek is headquartered in Denver, Colorado.

What is StarTek’s revenue?

StarTek disclosed revenue of 704M USD for 2021 and 640M USD for 2020.

What sector is StarTek in?

StarTek is a business services company.

When was StarTek founded?

StarTek was founded in 1987.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity6
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 7
  • M&A Advisors 2

StarTek

StarTek, Inc.

4610 South Ulster Street, Suite 150,
Denver, Colorado 80237
United States,
www.startek.com

StarTek is a provider of delivering customer experience (CX) excellence for brands. Spread across 12 countries, its 38,000 associates create memorable, personalized experiences in both voice and non-voice channels. The company's clients span from Fortune 500s to fast-growing startups in a diverse range of industries, including cable, media, and telecom; travel and hospitality; retail and e-commerce and banking and financial services. StarTek was founded in 1987 and is based in Denver, Colorado.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 5 - - - - 1 6
vol $286M $286M
Sell (0.2/yr) # - - - - 1 - 1
vol $61M $61M
  7

Most Recent M&A

Company Date Value Type
Intelling Ltd. 2024-08-20 - Add-on Acquisition
Manchester, United Kingdom · www.intelling.co.uk
Contact Center Company 2023-01-11 61M USD Divestiture
Riyadh, Saudi Arabia · www.ccc.net.sa
Aegis Ltd. 2018-07-20 - Merger
Mumbai, India · www.aegisglobal.com
Accent Marketing Services LLC 2015-06-01 16M USD Divestiture
Jeffersonville, Indiana · www.accentonline.com
Movate, Inc. 2013-06-26 270M USD Secondary Buyout
Plano, Texas · www.movate.com
Ideal Dialogue Co. 2013-03-19 - Add-on Acquisition
Lutz, Florida · www.idealdialogue.com
Contact Center Company 2011-01-01 - Joint Venture
Riyadh, Saudi Arabia · www.ccc.net.sa
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Movate, Inc. 2013-06-26 Directly - OnDemand Business 2022-03-17 2
Plano, Texas · www.movate.com San Francisco, California

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 4 (67%) - 1 (100%) 61M (100%)
Information Technology 1 (17%) 270M (94%) - -
Marketing 1 (17%) 16M (6%) - -
Total 6 $286M 1 $61M

By Geo

State/Country Buy Value Sell Value
United States 3 286M - -
  Texas 1 270M - -
  Indiana 1 16M - -
  Florida 1 - - -
Saudi Arabia 1 - 1 61M
India 1 - - -
United Kingdom 1 - - -
Domestic 3 (50%) 286M (100%) - -
Cross-border 3 (50%) - 1 (100%) 61M (100%)
Total 6 $286M 1 $61M

Top M&A Advisors

Financial Deals
William Blair
1
Legal Deals
Jenner & Block
1

Deal Values

buy # Total
$100M to $1B 1 $270M
< $100M 1 $16M
TOTAL $286M
Largest Movate, Inc.
$270M (2013-06-26)
sell # Total
< $100M 1 $61M
TOTAL $61M
Largest Contact Center Company
$61M (2023-01-11)

M&A Connections

Deals
Acquired from
Investor(s)
50%
3 (50%)
Strategic(s)
17%
1 (17%)
Divested to
Strategic(s)
100%
1 (100%)

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