GIC and Bain Capital to Exit Outsource Company Genpact
Posted on 11/25/2019
Genpact Limited is a global professional services firm that focuses on outsourcing jobs and processes for companies. On November 21, 2019, Genpact disclosed an underwritten public offering of 15,430,841 common shares by certain shareholders, consisting of entities affiliated with Bain Capital Investors, and its co-investor, Singapore’s GIC Private Limited, which represents all of the Genpact common shares beneficially owned by the selling shareholders. Genpact is not selling any common shares in, and will not receive any proceeds from, the offering.
After this offering, GIC and Bain will not own any shares of Genpact.
Advisors
Goldman Sachs & Co. LLC is acting as the sole underwriter.