Partners Group has bought a majority stake in global technology support firm CSS Corp worth US$270 million. CSS Corp provides tech support to companies and businesses in 13 locations across the globe.
CSS Corp's delivery is located in countries such as India, Mauritius, Costa Rica, the Philippines, Poland, the United States, and China. Some of the company's services include cloud enablement, remote infrastructure management, and mobility solutions. Notable blue-chip tech firms also avail of CSS Corp's servies.
Tiger Ramesh, Chief Executive Officer of CSS Corp, commented on the investment. He said that, "We are very excited about working with Partners Group. Over the past seventeen years, CSS Corp has built a strong foundation of satisfied long-term clients, best-in-class delivery capabilities and differentiated offerings. In recent times, we have assembled a high-quality management team with the ambition of building a billion-dollar business."
Singapore Head and Partner at Partners Group Andreas Baumann added that CSS Corp leads the specialist tech outsourcing services, and that "this is a sector in which we expect to see strong growth going forward as demand for these services increases."
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