The deal value was not disclosed, but media reports peg the value at $1.5 billion (Rs 10,235 crore). This is not the first deal where Apax Partners would walk away with a three-fold return on its investments. It made a similar return when it sold IGate to Capgemini for $4 billion. It had backed iGate to acquire Patni Computer Systems in 2011 for $1 billion and sold it off to Capegemini.
According to data from Venture Intelligence, Apax Partners and Capital Partners also made 1.7X return on their exit from Minacs BPO, which was bought by Synnex for $420 million. Blackstone made 5.6X on its exit from CMS Info Systems, which was bought by Baring Asia for $250 million.
The best returns were made by Electra Partners (26.51X) when it sold its stake in Zensar Technologies to Apax Partners for $133 million. Sequoia Capital made 4.9X on its exit from eClerx, General Atlantic made 3.08 X when it sold IBS Software to Blackstone, according to Venture Intelligence data.
 "Investors ride on good returns from IT outsourcing firms")
