Everise to be sold to Brookfield Asset Management

Everise to be sold to Brookfield Asset Management

Everstone Capital has reached an agreement to sell its Singapore-based business process outsourcing (BPO) platform Everise to Canadian alternative investment firm Brookfield Asset Management Inc.

In a statement, the firms said that Brookfield will make the acquisition through its publicly traded unit Brookfield Business Partners. While they didn’t disclose the deal size, multiple media reports pegged the deal value at $450 million.

Everise Chief Executive Officer Sudhir Agarwal will continue in the role even after the Brookfield deal.

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