StarTek announces completion of take-private deal by CSP funds

Startek announced the successful completion of its take-private acquisition by funds managed by Capital Square Partners, effective today, January 5, 2024. Under the terms of the definitive agreement for the transaction that was previously announced on October 10, 2023, CSP will acquire all shares of Startek common stock not already owned by CSP, for $4.30 per share in cash. With the completion of the take-private acquisition, Startek’s common stock ceased trading before market open on January 5, 2024 and will no longer be listed on the New York Stock Exchange.