Carlyle buys into outsourcing business at $1B valuation, Bain exits
August 08, 2016
The Carlyle Group has agreed to acquire 70% of VXI Global Solutions in a deal that values the outsourcing business at around $1 billion, according to The Wall Street Journal. Bain Capital exits an investment from 2013 in the transaction. The founders of the company, which provides customer relations for businesses operating in China, will continue to own a minority stake.