US private equity fund buys major stake in Accolite Digital

MUMBAI: New Mountain Capital, a New York-based private equity fund, has acquired a significant majority stake in Accolite Digital, a cloud and digital product engineering services provider. The PE fund has invested about $225-250 million to acquire stake in Accolite, said people aware of the development.

The article has been originally published in Economic Times Prime.

https://economictimes.indiatimes.com/news/company/corporate-trends/us-private-equity-fund-buys-major-stake-in-accolite-digital/articleshow/80956365.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst