Tech Company M&A Transactions
B2K Acquisition
B2K, based in Bangalore, was bought by Allsec Technologies. The acquisition price was $2.8 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/12/2005
Transaction Type
M&A
Amount
$2,791,924
M&A Terms
Allsec Technologies Limited, has acquired 100 per cent equity in Bangalore-based B2K Corp. Pvt. Ltd. from its existing shareholders in an all cash deal. Allsec will take immediate control of B2K's operations. Deal valued at Rs. 13 cr.; B2K is in technical support business.
Company Information
Company Status
Acquired or Merged
Industry
Consulting
Mailing Address
39-2 II Fl. Near Dairy Cir. Bannerghatta Rd.
Bangalore, 560 029
India
Bangalore, 560 029
India
Phone
Website
Email Address
Overview
B2K is an integrated contact centre with a 600-seat capacity and a workforce of 220. The 51,000 sq. ft. facility is located at White Field in Bangalore. B2K is involved mainly in the technical support business. It also has a healthcare and analytics division.
Management Team
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Prev: 12/12/2005: Beceem Communications venture capital transaction
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