M&A Deal Summary

TransWorks Information Services Acquires The Minacs Group Pte

On August 19, 2006, TransWorks Information Services acquired business services company The Minacs Group Pte

Acquisition Highlights
  • This is TransWorks Information Services’ 1st transaction in the Business Services sector.
  • This is TransWorks Information Services’ 1st transaction in Canada.
  • This is TransWorks Information Services’ 1st transaction in Ontario.
Investment Fate
  • The Minacs Group Pte was divested to a consortium of buyers in 2014 for 260M USD.
  • The Minacs Group Pte was sold to a publicly-traded strategic buyer in 2016 for 420M USD.

M&A Deal Summary

Date 2006-08-19
Target The Minacs Group Pte
Sector Business Services
Buyer(s) TransWorks Information Services
Deal Type Add-on Acquisition

Target

The Minacs Group Pte

Oshawa, Ontario, Canada
The Minacs Group Pte Ltd. is an outsourcing business solutions partner to global corporations in the manufacturing, retail, telecom, technology, media and entertainment, banking, insurance, healthcare, and public sectors.

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Buyer(S) 1

Buyer

TransWorks Information Services

Hyderabad, India

Category Company
Sector Business Services
Employees4,200
DESCRIPTION

TransWorks Information Services Ltd. is a BPOs delivering superior outsourced solutions to Global 1000 financial services, technology, retail and e-services companies through its unique blend of specialised knowledge and process expertise.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-30 The Minacs Group Pte

Oshawa, Ontario, Canada

The Minacs Group Pte Ltd. is an outsourcing business solutions partner to global corporations in the manufacturing, retail, telecom, technology, media and entertainment, banking, insurance, healthcare, and public sectors.

Sell $260M