Mergermarket Quotes Partner Talat Ansari on Intelenet Global Acquisition
January 23, 2008
Partner Talat Ansari was quoted in a Mergermarket article that discussed Intelenet Global's acquisition of a UK company within 90 days. Intelenet is an India-based business processing outsourcing company, owned by the Blackstone Group. With the acquisition of the UK company, Intelenet Global will gain an onshore/offshore presence. Intelenet's President of the North America business said, Intelenet does not face funding limits that other companies face, as Intelenet has a fixed amount of money set aside for acquisitions. Mr. Ansari, who represented Intelenet commented on Blackstone's financial capabilities in the acquisition.