Capgemini to acquire ChrysCapital-backed LiquidHub
French software services company Capgemini acquire LiquidHub, a digital customer engagement firm based in the US that counts Indian private equity firm ChrysCapital as an investor. Capgemini will pay about 400 million euros (Rs 3,184 crore), or twice LiquidHub’s 2017 revenue, for the acquisition.
This acquisition will reinforce Capgemini’s digital consulting capabilities in North America and accelerates its portfolio shift in the region. ChrysCapital had invested in LiquidHub in 2014, leading the company’s Series B funding round of $53 million.