- TM Capital, along with our M&A International partner, Cavendish Corporate Finance Ltd., negotiated the cross-border divestiture by Acxiom Corporation (NASDAQ: ACXM) of 2Touch Ltd. to UK-based Parseq plc
- Acxiom (NASDAQ: ACXM), with revenues of over $1 billion, is an enterprise data, analytics and software-as-a-service company that drives data-driven marketing results for corporate clients worldwide
- 2Touch, a subsidiary of Acxiom, is a premier UK-based technology-enabled outsourcing service provider specializing in multi-channel contact center, response handling and fulfillment solutions for some of the largest and most recognizable brands in the world
- Acxiom divested 2Touch to Parseq, a comprehensive, PE backed, European business process outsourcing (BPO) service provider, as part of its strategy to focus on growing its core marketing technology business
Client Testimonial
The 2Touch divestiture is an important step in our strategy to refine our focus on our core marketing technology business. TM Capital and Cavendish worked seamlessly to evaluate the best possible alternatives for 2Touch and navigate the complexities of a cross-border corporate divestiture to deliver a successful outcome for all parties. We appreciate the senior level commitment from TM and Cavendish and their relentless dedication in completing this important transaction.”David Eisenberg, SVP Strategy and Corporate Development, Acxiom Corporation
