BPO firm eClerx to acquire Personiv for US$34mn
Indian business process outsourcing (BPO) firm eClerx Services signed a purchase agreement to acquire 100% stake of Texas-based Personiv, operated by Eclipse Global Holdings LLC, at an enterprise value of U$34 million.
In a filing with the Bombay Stock Exchange, eClerx said the deal also includes earn-out provisions for a period of two years based on revenue and profitability targets.
Personiv currently has 2,100 employees across three delivery centers in Manila, Philippines, and Gurugram and Coimbatore cities in India. This is eClerx’ second acquisition in the United States after it bought Agilyst Inc for US$16 million in 2012.
Related news
- BPO firm shuts down office as two employees test positive for COVID-19 · 25 Aug
- Thirteen government agencies and organizations now PEZA’s investment partner · 25 Aug
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
