Tech Company M&A Transactions

B2K Acquisition

B2K, based in Bangalore, was bought by Allsec Technologies. The acquisition price was $2.8 million.

Transaction Overview

Company Name
Announced On
12/12/2005
Transaction Type
M&A
Amount
$2,791,924
M&A Terms
Allsec Technologies Limited, has acquired 100 per cent equity in Bangalore-based B2K Corp. Pvt. Ltd. from its existing shareholders in an all cash deal. Allsec will take immediate control of B2K's operations. Deal valued at Rs. 13 cr.; B2K is in technical support business.

Company Information

Company Status
Acquired or Merged
Industry
Consulting
Mailing Address
39-2 II Fl. Near Dairy Cir. Bannerghatta Rd.
Bangalore, 560 029
India
Email Address
Overview
B2K is an integrated contact centre with a 600-seat capacity and a workforce of 220. The 51,000 sq. ft. facility is located at White Field in Bangalore. B2K is involved mainly in the technical support business. It also has a healthcare and analytics division.
Profile
B2K LinkedIn Company Profile
Social Media
B2K Company Twitter Account
Company News
B2K News
Facebook
B2K on Facebook
YouTube
B2K on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Vivek Kulkarni
  Vivek Kulkarni LinkedIn Profile  Vivek Kulkarni Twitter Account  Vivek Kulkarni News  Vivek Kulkarni on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/12/2005: Beceem Communications venture capital transaction
Next: 12/12/2005: CounterStorm venture capital transaction

 

Share this article

 


News on VC Transactions

Our team works diligently to record all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary