Bankrupt AgileThought’s $75 Million Sale to Blue Torch Approved

December 29, 2023, 5:54 PM UTC

AgileThought Inc., a tech advising firm, won court approval to sell its assets to an affiliate of Blue Torch Capital in a $75 million debt-for-equity swap.

AgileThought filed Chapter 11 in August, partially blaming a $203 million tax dispute with authorities in Mexico. The company went public about two years earlier via a blank check merger.

Judge J. Kate Stickles of the US Bankruptcy Court for the District of Delaware approved the Blue Torch sale on Thursday.

AgileThought entered bankruptcy with a deal with an affiliate of the private equity firm. The affiliate agreed to lend the company about $22 ...

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