How Private Equity Empowered GlobalLogic for Growth, Sale to Hitachi

Hitachi’s purchase of GlobalLogic shows how private equity firms can empower and expand IT services businesses and outsourced software developers. ChannelE2E provides some insight into the outcomes of the deal.

Hitachi’s plan to acquire GlobalLogic from private equity firm Partners Group for $9.6 billion represents a timely case study in how private equity firms can empower and expand IT services businesses and outsourced software developers.

First, some big-picture background: The world of private equity is often celebrated or villainized — depending on the media lens from which you look. But we realize the PE market isn’t “all good” or “all bad.” Many private equity deals work out quite well for all parties involved. Others, in some cases, turn bad for employees and customers who suffer from cost cuts and other measures designed to boost profit margins.

To read this news in details, please visit: https://www.channele2e.com/business/enterprise/how-partners-group-empowered-globallogic-for-growth-sale-to-hitachi/

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