DCF Advises on Another Global Managed IT Services Transaction
Transaction highlights extensive middle market buy-side qualifications
Deloitte Corporate Finance LLC (DCF) is pleased to announce its advisory role as the exclusive financial advisor to NTT Communications Corporation in its acquisition of a majority stake of DTSI in the Philippines and the US.
NTT Communications Corporation (NTT Com) and Diversified Technology Solutions International Group (DTSI), a systems integrator and facilities developer for information technology-business process outsourcing (IT-BPO) operators in the Philippines, announced an agreement under which NTT Com will acquire a majority stake in DTSI's holding company, Freedom Resources Holdings Corporation. NTT Com will leverage DTSI's broad portfolio of high-quality communications systems and services for IT-BPO operators, as well as DTSI's subsidiary Anthem Solutions' wide range of onshore and offshore managed facilities and hosted services, to strengthen and expand its contact center capabilities in the Philippines.
The DCF team assisted NTT's management in navigating the transaction from valuation and development of the letter of intent and purchase agreements to organizing the due diligence process and advising on transaction negotiations.
About NTT Communications Corporation
NTT Communications provides a broad range of global networks, management solutions, and IT services to customers worldwide. The company is a leading provider of reliable, high-quality security, hosting, voice, data and IP services, as well as managed networks in IPv6 transit technology. NTT Communications is the wholly-owned subsidiary of Nippon Telegraph and Telephone Corporation, one of the world's largest telecoms with listings on the Tokyo, London, and New York stock exchanges.
About Diversified Technology Solutions International Group
DTSI Group consists of Diversified Technology Solutions International, Inc. (DTSII) and Anthem Solutions. DTSII operates as a systems integrator for Fortune 500 companies internationally. It designs, builds, deploys, and manages business communications systems, information technology solutions, hosted solutions, and managed and premise-based contact center solutions. The company also provides consulting and professional services, support services, and building electronics and security solutions. Anthem Solutions provides enterprises, contact centers, and BPO firms operating in the United States and the Philippines with facilities design, construction, and management; internet hosting services; and technology infrastructure deployment and management. Diversified Technology Solutions International Group is based in Makati City, the Philippines.