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News : Everstone to Acquire US-based CRM Firm C3
New Delhi and Mumbai, India, Oct 7, 2016 -- Homegrown private equity fund Everstone Capital has partnered with Sunrise BPO to purchase US-based CRM solutions provider C3, making it Everstone Group’s first acquisition in the US.
The investment will be done via Everise Services in Singapore, a company held by Everstone, along with Sunrise BPO as a co-investor, the fund said in its release.
"The chairman of Stone Point is Stephan Friedman, formerly a Goldman Sachs chairman.
This will be the third investment from the new fund. As part of this strategy, Singapore-based Sunrise BPO Pte. Ltd (Sunrise BPO), will take the leading role in operating the business, in addition to bringing capital.
Sudhir Agarwal, the founder of Sunrise BPO will become the chief executive officer at C3.
Posted by Veronica Silva Cusi, news correspondent
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About Everstone Capital:
Everstone Capital is an Indian focused investment manager with dedicated private equity and real estate funds.
Published: Tuesday, October 11, 2016