Houlihan Lokey Advises TDCX

Houlihan Lokey is pleased to announce that TDCX Inc. (NYSE:TDCX) has entered into a definitive merger agreement for its going-private transaction to sell all outstanding shares of the company not owned by the Buyer Group for US$7.20 per ADS (US$7.20 per ordinary share) in cash. The transaction is expected to close in the second quarter of 2024.

TDCX Inc. is a Singapore-headquartered company that provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, build customer loyalty, and protect their online communities.

The Buyer Group includes Mr. Laurent Junique, Founder, Executive Chairman, Director, and CEO of the company, and his affiliates.

Houlihan Lokey served as the sole financial advisor to the Special Committee of TDCX Inc., assisted in negotiations, and provided a fairness opinion relating to the take-private proposal submitted by the Buyer Group. The transaction highlights Houlihan Lokey’s expertise and capabilities as a market-leading provider of advisory services and fairness opinions in take-private transactions, especially those involving U.S.-listed Asian companies.