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Business Services & Equipment M&A image Business Services & Equipment M&A » By The Online Investor Staff, updated Thu., May. 9, 2:02 AM Recent mergers and acquisitions in the Business Services & Equipment M&A category.

Slide #36. TeleTech Holdings, Inc. Sofica Group

Acquirer: TeleTech Holdings, Inc. (NASDAQ:TTEC)
Acquiree: Sofica Group
Details: TeleTech Holdings, Inc. (NASDAQ: TTEC), a leading global provider of analytics-driven, technology-enabled customer engagement solutions, announced today that it intends to acquire Bulgaria's leading independent customer management services company, Sofica Group. Under the terms of the agreement, Sofica will become a part of TeleTech's Customer Management Services segment, providing exceptional customer lifecycle management services across multiple channels in over 18 languages out of Central and Eastern Europe. A definitive agreement is signed and the transaction, which is subject to customary closing conditions, is expected to close within the next week.

TTEC Holdings is a global customer experience technology and services company. Co. designs, builds, orchestrates, and delivers digitally enabled customer experiences. Co. serves clients in the automotive, communication, financial services, national/federal and state and local governments, healthcare, logistics, media and entertainment, e-tail/retail, technology, travel and transportation industries. Co. has two business segments: TTEC Digital, which is the pure-play customer experience (CX) technology service providers; and TTEC Engage, which provides the digitally enabled CX managed services to support Co.'s clients' end-to-end customer interaction delivery at scale.

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Company Name:  TTEC Holdings Inc
Stock buyback:  TTEC buyback
Website:  www.ttec.com
Sector:  Business Services & Equipment
Number of ETFs Holding TTEC:  41
Total Market Value Held by ETFs:  $38.81M
Total Market Capitalization:  $374.00M
% of Market Cap. Held by ETFs:  10.38%
 

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May 9, 2024    2:02 AM Eastern
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Hold (2.50 out of 4)
4th percentile
(ranked lower than approx. 96% of all stocks covered)

Analysts' Target Price:
TTEC Stock Forecast

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