Spotlight on: Conduent
Description
Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments namely Commercial Industries which is the key revenue-driving segment, Government Service, Transportation. The services provided by the company include industry-centric business process services, government-centric business process services, business process services, and others. The group operates its business in the US, Europe and Other areas of which most of the revenue is generated in the US.
Most Recent Financing Status (as of 15-Feb-2022)
Mr. Carl Icahn acquired a 9.7% stake in the company (NYSE: CNDT) on May 16, 2017 through a private placement
Founder: Clifford Skelton
HQ Location: Florham Park, NJ
Employees: 60,000
Growth Rate: 0.63% Median (96th percentile)
Size Multiple: 62.8x Median (98th percentile)
Institutional Investors:
- Xerox
To learn more about Conduent, visit their website or follow them on LinkedIn or Twitter.
Source: Pitchbook, November 2022
Published November 8, 2022.
