Contax Acquires Allus BPO Center

Contax Acquires Allus BPO Center

Brazil M&A

Brazilian call center company Contax announced it has acquired Grupo Allus for a total enterprise value of up to BRL332m. According to Contax, the deal implies an EV/Ebitda multiple of 5.8x-6.7x, including the assumption of net debt of BRL53m-BRL55m. The final price paid for the acquisition will depend on the target achieving Ebitda targets which could trigger payments of up to BRL25m over the next 24 months. Contax says it is financing the deal with cash on hand. A spokesman for Contax says the

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