Hexaware Technologies Limited has informed the Exchange about Update on Acquisition

Listed Co AcquisitionStrategic Transactions View source PDF

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AI summary

Hexaware Technologies has completed the acquisition of Consulting Professionals Services Holdings Ltd along with its wholly owned subsidiary, Consulting Professionals Services Ltd (CPS). The deal was executed through Hexaware's wholly owned UK subsidiary, Hexaware Technologies UK Ltd. The acquisition was originally announced on May 20, 2026, and has now been officially completed on May 28, 2026. This marks Hexaware's inorganic growth expansion through the purchase of CPS and its holdings.

Likely market impact

The completion of this acquisition signals Hexaware's continued execution of its growth strategy through M&A. Shareholders may view this positively as it expands the company's service capabilities and global footprint through the CPS acquisition.