On August 27, 2007, Transcom WorldWide S.A., the European Customer Relationship Management and debt collections specialist, announced that it had acquired 100% of NuComm International, and a maximum cash consideration of $90 million CAD (€63 million) will be paid in three installments.
NuComm had revenues of $122 million CAD (€85 million) for the twelve months ended 31 July 2007.
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An initial payment of $50 million CAD (€35 million) was paid with the remainder being subject to a two tier earn-out ending in December 2008.
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On 27 August 2007, Transcom announced that it had acquired 100% of NuComm International for $90 million CAD (€63 million).
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