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Warburg Leads Race for Brookfield BPO

Warburg Pincus is in advanced negotiations with Canadian investor Brookfield Asset Management Inc. to acquire Everise Holdings, a Delaware-registered outsourcing company, said three people aware of the development. The deal is expected to value Everise at $1.2-1.3 billion, they said. ....

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Warburg: Warburg Pincus leads race for Brookfield BPO

Warburg is competing with other investors such as BPEA EQT-backed Sagility and Veritas Capital, they added. If completed, the buyout will be the largest in India by Warburg Pincus, the fund that started the private equity rush in the country with its successful investment in Bharti Airtel. However, no exclusivity has been signed between the two parties. ET first reported on May 29 on Warburg Pincus interest in Everise. ....

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