Buyout (LBO, MBO, MBI) • Business Services

ITC Holding Acquires Argo Contact Centers

On May 24, 2018, private equity firm ITC Holding acquired business services company Argo Contact Centers

Acquisition Context
  • This is ITC Holding’s 1st transaction in the Business Services sector.
  • This is ITC Holding’s 5th transaction in the United States.
  • This is ITC Holding’s 4th transaction in Georgia.

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M&A Deal Summary

Date May 24, 2018
Target Argo Contact Centers
Sector Business Services
Buyer(s) ITC Holding
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Argo Contact Centers

West Point, Georgia, United States
Argo Contact Centers is an outsourced customer contact services provider. Argo Contact Centers was founded in 2003 and is based in West Point, Georgia.
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Buyer Overview 1

Buyer

ITC Holding

West Point, Georgia, United States

Investor Investor Investor Investor


Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

ITC Holding Company is a diversified investment/holding firm focused on investing in Southeast US-based opportunities. ITC will consider investments in telecom, technology, financial services, transaction processing, and real estate. ITC Holding Company is based in West Point, Georgia.


Deal Context for Buyer #
Overall 5 of 6
Sector: Business Services 1 of 1
Type: Buyout (LBO, MBO, MBI) 2 of 3
State: Georgia 4 of 5
Country: United States 5 of 6
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-15 Schoox

Austin, Texas, United States

Schoox is a social e-learning platform for the service industry. Schoox helps businesses of all sizes across industries including restaurants, retail, hospitality, construction, real estate, manufacturing, finance and transportation shift from traditional, compliance-based training to an approach that unlocks and accelerates employee potential as well as business growth. Schoox was founded in 2012 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Dragonfly

West Point, Georgia, United States

Dragonfly is a new kind of Internet company, founded by broadband industry veterans who deeply value their community roots. Dragonfly want to help expand internet access in underserved areas while offering better pricing and connectivity options than ever before. Dragonfly was formed in 2023 and is based in West Point, Georgia.

Buy -