Baring Private Equity Asia to acquire Virtusa for $2.0 billionChristian Fernsby ▼ | September 11, 2020
Baring Private Equity Asia (“BPEA”) and Virtusa Corporation announced the companies have entered into a definitive merger agreement under which funds affiliated with BPEA will acquire Virtusa for Virtusa for $2.0 billion.
Baring Private Equity Asia Virtusa
Topics: Baring Virtusa
Rowland T. Moriarty, Lead Independent Director of Virtusa’s Board of Directors, said, “Through this transaction, we are pleased to maximize value.”
Kris Canekeratne, Chairman and CEO of Virtusa, said, “This transaction represents a strategic evolution for Virtusa and a unique opportunity to take our business to new heights.” ■