2Touch has been acquired by Parseq
May 2014 — Acxiom Corporation, an enterprise data, analytics and software-as-a-service company, has announced the sale of its UK call center operation, 2Touch Ltd., to Parseq plc, a leading European business process outsourcing service provider. The divestment is part of Acxiom’s strategy to focus on growing its core marketing technology business.
2Touch, an outsourcing company, provides multi-channel contact center, response handling and fulfillment services for businesses in the UK. Based in Sunderland, UK, the company offers call center services, including inbound and outbound telephony services used for customer lifecycle, customer acquisition, customer service, customer growth and customer retention. Its services also include warehousing and fulfillment services, such as order fulfillment center, pick and pack, warehousing and storage and e-fulfillment services. In addition, it provides back office processing services, including mail order, applications forms, questionnaires, surveys, charity donation cards, white mail, email, SMS, goneaways and IVR solutions.
Parseq offers end-to-end business process outsourcing services. It operates in the space between multinational outsourcers and service line outsourcers, differentiating itself through the quality and longevity of the relationships it builds with its clients, which include the top ten international banks, utility providers, insurance companies and leading charities.
Acxiom, with revenues of over US$1 billion, is an enterprise data, analytics and software-as-a-service (SAAS) 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 operates in three segments: marketing and data services, IT infrastructure management and other services. The marketing and data services segment is involved in data sourcing, data activation through analytics, integration and enhancement, building and managing customer marketing databases and partner integration, as well as the application of insights to the range of business applications. The IT infrastructure management segment provides mainframe, server hosting and cloud computing services and it is also engaged in processing intensive database environments and maintaining secure IT environments. The other services segment provides outsourced call center operations and email services. Headquartered in Little Rock, Arkansas, the company was founded in 1969 and serves the financial services, insurance, information services, direct marketing, retail, consumer packaged goods, technology, automotive, healthcare, travel and communications industries, as well as the non-profit and government sectors.
Our role in the transaction
Oaklins Cavendish, one of Oaklins’ member firms in the UK, advised Acxiom Corporation on the sale of its UK call center operation, 2Touch, to Parseq. Financial details have not been disclosed.
David Eisenberg
SVP strategy and corporate development, Acxiom Corporation
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn more