April 13, 2021

TTEC completes $490M acquisition of Avtex

ENGLEWOOD — TTEC Holdings Inc. (Nasdaq: TTEC) has completed its acquisition of Bloomington, Minnesota-based Avtex Solutions LLC, a customer-experience technology company.

The Minneapolis Star Tribune valued the deal at $490 million, based on U.S. Securities and Exchange Commission filings. The deal closed April 8.

Avtex previously was owned by Minneapolis-based Norwest Equity Partners, a middle-market investment firm.

Englewood-based TTEC is one of the largest global technology and services companies that develops end-to-end, digital customer-experience solutions

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