Brookfield Business Partners L.P. (NYSE:BBU) and its institutional partners reached an agreement to acquire Everise Holdings from Everstone Capital Asia Pte Ltd and others on December 7, 2020. The terms of the deal were not disclosed however industry speculation pegs the deal value of approximately $450 million, as reported by in.finance.yahoo.com. As a part of transaction, Brookfield Business Partners L.P. will acquire up to 95% stake in Everise Holdings. Post transaction, Sudhir Agarwal will continue to hold minority stake in Everise Holdings through Sunrise BPO Pte Ltd. Everise Holdings reported a revenue of $300 million and an operating profit of $40 million for the FY20 ended on September 30, 2020. Sudhir Agarwal to continue as the Chief Executive Officer of Everise Holdings. Barclays acted as financial advisor to Everise Holdings. Srinivas Kaushik, Aprajita Dhundia, Maggie D. Flores, Sara B. Zablotney, Ryan E. Roberts; Manas Chandrashekar and Eric J. Wedel of Kirkland & Ellis acted as legal advisors to Brookfield Asset Management, parent of Brookfield Business Partners. Brookfield Business Partners L.P. (NYSE:BBU) and its institutional partners completed the acquisition of Everise Holdings from Everstone Capital Asia Pte Ltd and others for $360 million in January 8, 2021. The consideration comprises of $240 million of equity and $120 million of financing to be secured post-closing. Brookfield Business Partners’ share is expected to be $85 million for an approximate 35% ownership interest. As per filing on May 6, 2021, The consideration comprises $220 million of equity. Brookfield Business Partners’ share is expected to be $80 million for an approximate 36% ownership interest.