Bain Capital may acquire French IT services firm Inetum Group at a $2.27 billion valuation, Reuters reported. The Inetum acquisition could be announced as soon as this week, the report indicated.Inetum (formerly Gfi) is a global IT consulting firm with roughly 27,000 employees across 26 countries. The company's current owner is Qatar's Mannai Corp.None of the alleged deal participants commented in the report.Inetum has M&A experience. Most recently, the company in September 2021 acquired Ilex International, an IAM (Identity and Access Management) security software specialist.Microsoft Azure OVHcloud for European cloud services; Sage accounting software; and Snowflake for data and cloud services.
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Bain Capital May Acquire Inetum IT Services for $2.27 Billion: Report

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