News » Baring PE Asia closing $1B deal with Straive

Baring PE Asia closing $1B deal with Straive

Asian private equity firm Baring PE Asia (BPEA) is reportedly nearing to close a US$1 billion acquisition of Philippine-based outsourcing firm Straive from Swiss fund manager Partners Group.

According to Bloomberg, BPEA and Partners Group are already finalizing the details of the deal.

If the merger continues, this will be BPEA’s second major acquisition this month. The private equity firm recently acquired Hinduja Global Solutions for US$1.2 billion.

Straive provides outsourcing services to finance firms, education, science, technical, and medical research publishers globally. 

It serves its clients in 14 languages through their global operations and employs at least 15,000 individuals across Philippines, India, China, Vietnam, Nicaragua, the UK, and the US.

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Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

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Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.