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Hgs To Acquire Diversify Offshore, Australia

Jan 30, 2022over 3 years ago

Acquiring Company

HGS

Acquired Company

Diversify Offshore Staffing Solutions Pty Ltd

ChicagoInformation TechnologySoftware

Description

Hinduja Global Solutions Ltd. (HGS) (Listed on NSE & BSE, India) has announced that its subsidiary, HGS International Mauritius, has entered into a definitive agreement to acquire 100% equity stake in Diversify Offshore Staffing Solutions Pty Ltd. (Diversify), Australia. The transaction is expected to close within the next few days.

Company Information

Company

HGS

Location

Chicago, Illinois, United States

About

Hinduja Global Solution provides information technology (IT) enabled services It offers outsourcing solutions, including back office processing, contact center, and customized IT services; and voice and non-voice related customer contact and business process outsourcing services.

DealWatch™ Score

80
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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