DCF Advises on the Sale of Business Services CompanyTransaction Highlights Extensive Cross-Border Carve-out Qualifications |
|
Deloitte Corporate Finance LLC (DCF) is pleased to announce its role as the exclusive financial advisor to AIG Global Services, Inc. (AIGGS), a wholly-owned subsidiary of American International Group, Inc. (AIG), in the sale of its captive information technology services business, AIG Systems Solutions Pvt. Ltd. (AIGSS), to MphasiS Limited (MphasiS).
DCF assisted AIG’s management in navigating the transaction from the initial development of marketing materials and identification of potentially interested parties to advising on transaction negotiations and organizing the due diligence process. DCF teamed with other Deloitte professionals in the U.S. and India to provide consulting, tax, and valuation services.
The transaction further highlights DCF’s experience in cross-border, carve-out transactions and ability to team with professionals from around the globe.
About AIG, AIGSS, and MphasiS
American International Group, Inc., headquartered in New York, NY, is a global provider of insurance and financial services.
AIG Systems Solutions Private Limited, headquartered in Chennai, India, is an India-based provider of information technology services and solutions to AIG companies worldwide. AIGSS has more than 800 employees and provides IT services to AIG and its member companies. AIGSS’ service offerings include application development and maintenance, application implementation, testing, product development and support.
MphasiS Limited, headquartered in Bangalore, India, is a leading applications services, remote infrastructure services and business process outsourcing services provider.
