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Warburg Pincus, Vivtera acquire Arise Virtual Solutions

An affiliate of private equity firm Warburg Pincus LLC and Vivtera acquired Arise Virtual Solutions Inc. from Strait Lane Capital Partners LLC.

Financial details of the transaction were not disclosed.

Vivtera is a global business process management and transformation partner, backed by Warburg Pincus.

Evercore was financial adviser to Warburg Pincus and Vivtera.

Arise offers business process services to clients across North America and the U.K.