Apax and Cognizant aim for LiquidHub in a $600 Million deal – ZMR Blog
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Apax and Cognizant aim for LiquidHub in a $600 Million deal

Apax Partners is an investor in Zenzar, the mid-sized IT services firm. And now, Apax Partners and Cognizant Technology Solutions are amid the shortlisted suitors for a possible buyout of LiquidHub, the digital tech company, for almost $600 Million.

ChrysCapital, the oldest private equity investor of India, holds almost 48% share in the firm, which counts Wells Fargo, Standard Chartered, and Microsoft as users. It provides technology and design to offer an improved user engagement with its multi-disciplinary groups involving of architects, researchers, and designers. LiquidHub has an important introduction to banking & financial as well as healthcare services clients.

JP Morgan has been obliged to operate the sale procedure, which has viewed 4 possible suitors being shortlisted. The investigative proposals are in the range of $450 Million to $600 Million, sources having a deep knowledge of the matter claimed to the media in an interview.


Capgemini, Accenture, and EY are amid others who viewed the deal. Capgemini looked for an expanded time frame to make a proposal and is presently not in the procedure, sources mentioned above claimed in their statement. Apax Partners might be pursuing the acquirement as a likely addition to Zenzar, one of its portfolio firms.

ApaxLiquidHub income is anticipated at $270 Million with a working profit of $40 Million to $45 Million. An emailed inquiry to LiquidHub stayed unrequited. ChrysCapital refused to comment on particular portfolio firms. Accenture and Cognizant claimed that they might not speak on market conjectures.

Tech companies such as IBM and Accenture are soaking up digital companies for a distinguished positioning amid its users as their trades are more affected by newer digital imperatives such as Internet of things, analytics, mobile, and cloud. IBM and Accenture have been on an acquirement spree, purchasing 15 and 38 firms respectively in the past 2 calendar years.

LiquidHub, which has modified to digital specialist from a tech integrator over the past 1 Decade, has operations spread all across Asia, North America, and Europe. The user engagement firm has an exclusive proposition of incorporating technology back-end and front-end for its users for a better user experience. It has almost 1,800 workers all over the world.


The firm has made 6 acquirements comprising Eveo that has helped LiquidHub assault into healthcare, on-boarding digital experts all over the healthcare bionetwork. In 2016, it obtained Annik, the analytics and data management firm based in New Delhi, which has offered better user experiences for firms such as HP, Netflix, and Nestle.

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