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                  EXL acquires FAO firm Outsource Partners for $91 million
                 
                
                  Wednesday, 4th May 2011
                 
                
                
                   
                  ExlService Holdings, a business process outsourcing company, today acquired finance and accounting (F&A) outsourcing service provider Outsource Partners International for $91 million. 
                   
                  After the acquisition, EXL expects revenues between $347 million and $355 million, representing year-over-year growth of 37.3 per cent to 40.5 per cent. The transaction is expected to close by June 1. 
                   
                  This acquisition is likely to help EXL establish itself as a leading third-party service provider in the global F&A outsourcing market.
                 
                
                  Publication : Business Standard
                 
                
 
                 
                
 
                 
                
                
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