The financial terms of the private transaction, subject to customary closing conditions, including requisite regulatory approvals, and expected to close during the first quarter of 2019, were not disclosed.
The company intends to use the funds to further scale its digital transformation offerings.
Led by Chief Executive Officer Raj Mamodia, Brillio is a leading global digital consulting and technology services company focused on implementation of digital technologies for the world’s leading companies. Brillio uses proprietary methodologies to allow customers to re-imagine their businesses and competitive advantages and then develops and deploys industrial-grade digital solutions using UX design, digital applications, big data analytics, cloud, security and digital engineering. The company’s 1,500+ strong team is based in seven offices across three continents.
With Bain Capital’s support, Brillio will continue its focus on delivering digital transformation by doubling down on its engagement models. Customers can expect an increased focus on building industry-specific capabilities and solutions in the areas of design, experience, product engineering, AI, machine learning, blockchain, NLP, cloud and analytics.