M&A Deal Summary

NGA Human Resources Acquires Convergys - Human Resources Management Business

On March 4, 2010, NGA Human Resources acquired business services company Convergys - Human Resources Management Business from Convergys for 85M USD

Acquisition Highlights
  • This is NGA Human Resources’ 1st transaction in the Business Services sector.
  • This is NGA Human Resources’ largest (disclosed) transaction.
  • This is NGA Human Resources’ 1st transaction in the United States.

M&A Deal Summary

Date 2010-03-04
Target Convergys - Human Resources Management Business
Sector Business Services
Buyer(s) NGA Human Resources
Sellers(s) Convergys
Deal Type Divestiture
Deal Value 85M USD

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Buyer(S) 1

Buyer

NGA Human Resources

London, United Kingdom

website


Category Company
Founded 1969
Sector Business Services
Employees10,000
DESCRIPTION

NGA Human Resources is a provider of digital HR and multi-country payroll services. NGA Human Resources was founded in 1969 and is based in London, United Kingdom.


DEAL STATS #
Overall 5 of 5
Sector (Business Services) 1 of 1
Type (Divestiture) 2 of 2
Country (United States) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-01 Northgate Public Sector

Slough, United Kingdom

Northgate Public Sector Ltd is a provider of software services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-14 Northgate Managed Services

Antrim, United Kingdom

Northgate Managed Services (NMS) provides cloud-based, infrastructure solutions and specialist managed services to public, private and third sector businesses. NMS made a pro forma operating profit for its financial year to 30 April 2012 of £10 million on a turnover of £141.6 million.

Sell £65M

Seller(S) 1

SELLER

Convergys

Cincinnati, Ohio, United States

website


Category Company
Founded 1998
Sector Business Services
Employees130,000
Revenue 2.8B USD (2017)
DESCRIPTION

Convergys Corp. is a provider of customer engagement CRM BPO services, delivers consistent, quality customer experiences in 58 languages around the globe. Convergys was founded in 1998 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-06 Ceon

Redwood City, California, United States

Ceon Corp. designs and develops operation support systems (OSS) for the telecommunications industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-03 Datacom - Asia Contact Center Operations

Kuala Lumpur, Malaysia

Datacom - Asia Contact Center Operations is a multilingual Asia BPO business servicing a suite of long-term blue chip clients.

Buy -