Carlyle invests in Indian outsourcing company
Washington DC-based Carlyle Group has acquired a 27.65 percent stake in India-listed business process outsourcing company Allsec Technologies. The firm first invested in Allsec in August last year when it bought 3 million shares – representing a stake of about 20 percent – in a transaction worth $17 million.
Deals – March 2007
Carlyle invests in Indian outsourcing company * SIDBI, Clearstone finance Indian start-up * Merrill Lynch, PEP approach Australian credit company * Catalyst buys stake in catalogue firm * Bain Capital enters China real estate * Orchid Asia lists portfolio company * Private equity circles JVC * Vogo advances toward third deal * PMP ends talks with private equity * PEP's $1.3bn take-private grounded * Coles up for grabs
