One Equity Partners, the private investment arm of JPMorgan Chase & Co. will acquire 100% of APAC, through an all-cash transaction. Since One Equity is also the majority owner of NCO Group, Inc., the merging of the two BPOs will be imminent, as Tom Kichler, Managing Director at One Equity Partners said. "We are excited about investing behind the growth of these two great businesses.
APAC sites are currently located in Cubao, Alabang and in Palo, Leyte. NCO Group has it's Quezon City, Taguig and Marikina sites.
Now this is an interesting merger and a brand-new opportunity for the Pinoy BPO workers to consider establishing their careers with this development.