Capita plc announced a significant transaction, agreeing to sell its 75% stake in Fera Science Limited (‘Fera’) to Bridgepoint Group plc for an enterprise value of £60m, cash-free and debt-free. This deal places the total value of the joint venture at £80m, translating to a 10.8x multiple based on Fera’s 2022 standalone EBITDA of £7.4m. […]
Capita plc has announced securing a substantial new contract, valued at £239 million, to manage the Civil Service Pension Scheme (CSPS) for the UK’s Cabinet Office. This significant 10-year deal, set to commence in September 2025, positions Capita at the forefront of public sector pension management in the UK. Modernizing Pension Administration with Digital Solutions […]
Capita plc, a London-based business process outsourcing and professional services company, has bagged a five-year contract from ScottishPower worth up to £63m to provide front-line customer support services for the latter’s customers across the UK. The five-year customer management contract is due to begin in June. This includes wider customer experience support services for prepayment, […]