Archive · 11 Jun 2025
Harman's India DTS Business Up for Sale, PE Firms Bid
Harman, the company behind JBL and Harman Kardon audio, is selling its digital transformation services (DTS) business in India.
This part of the company helps other businesses with their technology needs.
Several investment firms, like Apax and Bain Capital, are interested in buying it.
Harman, owned by Samsung, hopes to sell the business for a value between $400 and $500 million.
The DTS business in India is important for Harman's revenue, and the sale is part of a larger trend of companies selling off parts of their businesses to focus on other areas.
Harman US, a Samsung Group company, is selling its DTS business in India.
Global private equity firms are bidding for the Indian DTS business.
The estimated valuation of the DTS business is between $400 and $500 million.
Harman has hired Deutsche to assist with the sale process.
The DTS business focuses on clients in life sciences, high-tech, industrial and consumer sectors.
- Who
- Harman US is selling its DTS business. Apax Partners, Bain Capital, Carlyle, and General Atlantic are potential buyers.
- What
- Harman US, a Samsung Group company, is selling its Digital Transformation Services (DTS) business in India.
- When
- The second round of bids is likely next month.
- Where
- India
- Why
- Harman is looking to monetize its DTS business, which is considered non-core to its global strategy.
- Business Type
- Digital Transformation Services
- Potential Bidders
- Apax Partners, Bain Capital, Carlyle, General Atlantic
- Estimated Valuation
- $400-500 million
- DTS Business Location
- India
- Investment Bank Hired
- Deutsche
- Parent Company
- Samsung Group