Industry: Business Process Outsourcing

Amount: Undisclosed

Where: Australia

When: August 2020

NRP has sold the SMART Group to Acquire BPO (www.acquirebpo.com).

The SMART Group is a Melbourne-based outsourcing business, specialising in the energy and telecommunications sectors. Acquire BPO is a global outsourcing company with Australian origins. 

The sale was completed during a global pandemic, as Australian corporates began contemplating repatriating key business processes. The SMART Group provides Acquire BPO with a vital local presence in Australia.

With employees operating from their home offices, the deal was closed by Zoom. North Ridge Partners was the exclusive financial advisor to the SMART Group.