Deal snapshot: Advent International Acquires Majority Stake in Digital Engineering Services Provider Encora.
MANews-(C)2009-2021
US-based private equity firm Advent International has acquired a majority stake in US-based digital engineering services company Encora's business, the firm said.
As part of the agreement, Warburg Pincus, the existing majority shareholder of Encora, retains a minority stake. Encora is in outsourced software product development services. Since rebranding as Encora in 2020, the company...
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