Private Equity

Private Equity Fund Investments

Baring PE Asia to buy BPO firm Straive from Partners Group

Economic Times  

Swiss private equity firm Partners Group is to sell Straive (formerly known as SPi Global), a global provider of technology-driven content and data solutions, to Baring Private Equity Asia (BPEA) in a deal that reportedly values Straive at around USD 800 million to USD 1 billion. Established in 1980, Singapore-headquartered Straive provides technology-driven platforms, research content and specialised data solutions. It has more than 17,000 employees in 15 locations in the Philippines, Singapore, India, China, Vietnam, the US, the UK and Nicaragua. Partners Group had acquired a majority stake in Straive in August 2017.