Concentrix to combine with Webhelp in $4.8B deal; creates $9.8B revenue CX leader

Concentrix Corp

Enterprise value $4.8B; expected close by end of 2023 subject to shareholder and regulatory approvals.
Combined company estimated 2023 revenue of $9.8B, operating in 70+ countries with ~2,000 clients.
Webhelp brings 120,000+ employees in 58 countries; CEO Olivier Duha to become Vice Chairperson.
Transaction expected to be accretive to revenue growth, profitability, and non-GAAP EPS in first year.
Adds 1,000 new brands including 200+ new economy and 25+ Fortune Global 500 clients.

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