Arabian Internet and Communications Services Company /
Contact Center Company
Arabian Internet and Communications Services Company acquires Contact Center Company
- Enterprise value
- $120m
- Stage
- Closed
What happened
Arabian Internet and Communications Services Company completed its acquisition of Contact Center Company on April 3, 2023. The transaction covered all of CCC’s shares, including the 49 percent interest held by Saudi Telecom Company.
The agreement set an enterprise value of $120 million (SAR 450 million), on a debt free and cash free basis. Startek, Inc. received cash proceeds of approximately $68.9 million.
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Arabian Internet and Communications Services Company acquires Contact Center Company
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