PE deals in BPO sector

BPO industry was always a poster child for Private Equity Players.

According to industry estimates, at least 10 of the top 15 third party BPO companies have received PE backing in one form or the other.

PE firms invested $227 million in 12 BPO firms in the first nine months of 2007, according to data from Venture Intelligence.

PE firms have invested over $1.2 billion in the sector (across 50 deals) since 2004. However presently with the changing economic condition , there was a little reluctance seen on PE players on putting more investment in BPO market.