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Capita Closes Sale of Private Sector Contact Center Unit

MT Newswires·08/03/2026 05:06:54
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05:06 AM EDT, 08/03/2026 (MT Newswires) -- Capita (CPI.L) completed the planned divestment of its private sector contact center business to Inspirit Capital on July 31, according to a Monday release. The business process outsourcing company received 1 pound sterling and retained 6.5 million pounds of cash in the business. Capita may receive up to an additional 61.5 million pounds in contingent consideration between 2027 and 2030 if the divested business meets certain performance conditions. The deal, announced in March, will streamline Capita's operations and simplify the group.