AgileThought closes second part of asset sale to Blue Torch affiliate

By Sarah Lizee

Olympia, Wash., April 24 – AgileThought, Inc. closed the second part of the sale of its assets to an affiliate of Blue Torch Finance, LLC, according to a notice filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The purchaser was the stalking horse bidder for the assets.

As previously reported, the purchase price is a credit bid of $75 million plus assumed liabilities. The credit bid amount was originally $100 million, but it was lowered because the buyer had offered to assume additional debt.

AgileThought is an Irving, Tex.-based provider of digital transformation services, agile software development and next generation technology solutions. The company filed bankruptcy on Aug. 29 under Chapter 11 case number 23-11294.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.