Infogain Announces Ownership Transition From ChrysCapital to the Apax Funds
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Source: Business Wire
The Apax Fund’s investment will accelerate Infogain’s expansion LOS GATOS, Calif.--(BUSINESS WIRE)--Infogain, a Silicon Valley-based leader in human-centered digital platform and software engineering services, today announced its PE ownership will change hands, from ChrysCapital to funds advised by Apax (the “Apax Funds”). Apax is a leading global private equity advisory firm with significant experience investing in technology companies. ChrysCapital is a leading Indian private equity advisory firm with a successful track record of investing in information technology and business services. The new ownership will enable Infogain to broaden its solution offerings, pursue strategic acquisitions, expand into new geographies, and accelerate the expansion of its employee base.Infogain’s Chief Operating Officer, Ayan Mukerji, will become Chief Executive Officer. Ayan joined Infogain in 2018 and will assume CEO position.Sunil Bhatia, outgoing CEO of Infogain, said, “It was a great pleasure
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