SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

3i Infotech to sell US billing unit to Cerberus for $137 m

17 May 2011 Evaluate

3i Infotech will sell its US-based global billing and payments unit to private equity firm Cerberus Capital Management for $137 million (roughly Rs 616 crore).The unit was formed through the consolidation of two businesses acquired in the last four years.The deal allows 3i Infotech to exit from the sluggish transactions-processing market in the US and reduce its overall debt by about Rs 700 crore.

3i Infotech's global billing unit comprises businesses from the erstwhile Regulus (acquired in April 2008 for $80 million, with the option of an additional, parameter-linked $20-million consideration) and J&B Software (bought for $25.25 million in 2007).

crackcrack

3I Infotech Share Price

18.28 0.66 (3.75%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2394.85
Infosys 1179.20
HCL Tech. 1198.60
Wipro 197.95
Tech Mahindra 1463.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×