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Multi-billion dollar conglomerate Hinduja Group has announced that its subsidiary Hinduja Global Solutions (HGS) has acquired 100% of TekLink International for US$58.8 million, subject to earnings and other customary and agreed adjustments.
HGS is a leading provider of digital consumer experience (CX), business process management (BPM) and digital media services solutions, with 21,685 employees in 34 delivery centers in eight countries.
According to the Hinduja Group, the strategic acquisition will help boost HGS’ digital solutions business by adding expertise in building data platforms, analytics and financial planning.
TekLink is a full-service provider of financial planning and analysis services to more than 60 clients across multiple industries, including consumer products, retail, pharmaceuticals, manufacturing and distribution, utilities, and high technology.
Headquartered in Illinois, USA, TekLink has significant operations in Europe and delivery centers in Hyderabad and Indore, India. The company has a strong reputation in the industry with partnerships with Microsoft, SAP, Anaplan.
It will also add a complementary digital workforce back-up, with 275 experienced technology and implementation professionals joining HGS as part of the deal.
HGS’ Digital Solutions business currently employs over 750 core technology and digital marketing specialists, primarily in the US and India, who are transforming customer experience (CX) for leading brands.-TradeArabia News Service
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