Mphasis, Hexaware, Chryscap join race to acquire SLK Software

February 25, 2025

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Mphasis, Hexaware Technologies, TPG Capital-owned Altimetrik and private equity fund Chryscapital are among those who have shown initial interest to acquire a majority stake in the Bengaluru-based technology services firm SLK Software, multiple people aware of the development said.The potential buyers submitted non-binding bids ranging from Rs 4,700 crore to Rs 5,600 crore ($550-650 million) last week, they said. The promoters of SLK Software, the Amin family, are looking for a valuation of $800 million, ET reported last month. Investment bank…

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Mphasis, Hexaware, Chryscap join race to acquire SLK Software

February 25, 2025

, By admin

Mphasis, Hexaware Technologies, TPG Capital-owned Altimetrik and private equity fund Chryscapital are among those who have shown initial interest to acquire a majority stake in the Bengaluru-based technology services firm SLK Software, multiple people aware of the development said.The potential buyers submitted non-binding bids ranging from Rs 4,700 crore to Rs 5,600 crore ($550-650 million) last week, they said. The promoters of SLK Software, the Amin family, are looking for a valuation of $800 million, ET reported last month. Investment bank…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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