PE Fund Investments
Everstone, Goldman Sachs acquire US-based IT services co Cprime for $360-M
India-focused Private Equity firm Everstone Capital, along with Goldman Sachs Asset Management, has acquired Cary, NC (USA)-based IT services company Cprime at an estimated deal size of USD 360 million. The seller - engineering services provider Alten Group - had invested in Cprimein 2014. Founded in 2003, Cprime provides enterprise-level strategic consulting and technical solutions. It claims to provide full-service global consulting to businesses across more than 50 industries. Cprime counts Tesla, Carfax, Apple, Bloomberg, among others, as its clients. It is led by chief executive Anne Steiner, who along with the current management will continue to operate the company.
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