This just in the newsvine, the Canadian call center company Nucomm International, with site in Greenhills, Ortigas Building & soon to be open Tiendesitas location has just been bought by Transcom, a European CRM company specializing in debt collections. The ISO certified outsourcer NuComm was sold for $90 million by owner & CEO Real Bergevin. Though turning over 100% of the company's stake to Transcom, Real shall stay with the new management presumably in a consultative capacity. The recent & ongoing plans for expansion of NuComm in the Philippines most probably not be affected by this change of management.
For the complete news details: Read it from the source below:
Transcom Acquires Leading North American CRM Companyhe European CRM and debt collections specialist, today announced that it has acquired 100% of NuComm International, a leading North American provider of contact centre solutions.A maximum cash consideration of Canadian $90 million will be paid in three instalments. An initial payment of Canadian $50 million will be paid, with the remainder being subject to a two tier earn-out ending in December 2008. The earn-out is calculated as the balance due based on a complete deal valuation multiple of 9 times the forecasted 2008 EBIT, but is capped at Canadian $40 million.
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