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Bain Capital Private Equity to acquire majority stake in Brillio

Bain Capital Private Equity LP entered into a definitive agreement to acquire a majority stake in global digital technology consulting company Brillio.

According to a Jan. 15 news release, Brillio will continue to be led by its current management team, including CEO Raj Mamodia.

Financial terms of the transaction were not disclosed.

The companies expect the transaction, which is subject to customary closing conditions and regulatory approvals, to close during the first quarter.

Wilson Sonsini Goodrich & Rosati is serving as legal counsel to Brillio. For Bain, Kirkland & Ellis is serving as legal counsel, while PwC is acting as accounting adviser.