Capco reaches significant milestone as a newly independent company

Majority shareholder Clayton, Dubilier & Rice backs significant global growth plan. London, United Kingdom – Capco, a leading management and technology consultancy focused exclusively on the financial services industry, announced today the completion of a transaction that establishes the company as an independent enterprise. A fund managed by Clayton, Dubilier & Rice (CD&R) acquired a 60% interest in Capco, while former parent company, FIS™, retains a 40% equity interest in the business. The former FIS Risk and Compliance consulting and Energy Trading consulting businesses are now also part of Capco. This is a significant milestone in Capco’s history reflecting its pace of growth in recent years, and its highly distinctive capabilities and culture. As an independent enterprise, Capco will be more agile and dynamic than ever. Capco, with the backing of CD&R, can now fully take advantage of the innovation disrupting the global financial services industry, compete more aggressively in this ever-changing market, and better serve its clients. With CD&R’s support, Capco will move quickly to invest in a variety of growth initiatives. Capco will invest in new talent, broaden its digital, business and technology capabilities, while continuing to use its domain expertise to help clients transform their businesses Lance

Continue reading Capco reaches significant milestone as a newly independent company. This article appeared first on CTRM Center.

Source: CTRM Center

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