Private Equity Firm Waterland Considers Selling AI Consultancy Xebia for €1 Billion or More

Waterland, the private equity owner of AI consultancy Xebia, is considering a sale of the firm, which could be valued at €1 billion or more. Houlihan Lokey is advising on the potential deal, and deliberations are preliminary. Waterland could decide to keep the asset for longer. Xebia provides consultancy and software engineering services on AI, cloud, and data, with a workforce of over 5,500 and 28 offices globally.