EXL to acquire Outsource Partners International

ExlService Holdings has signed a definitive agreement to acquire Outsource Partners International (“OPI”). With this acquisition, EXL establishes itself as one of the leading third-party service providers in global F&A outsourcing.

Rohit Kapoor, President and CEO of EXL stated "I am extremely excited about EXL's acquisition of OPI. OPI is one of the largest pure-play providers of complex F&A outsourcing in the market today. OPI has over 3,700 professionals globally, approximately 80 clients, and an extremely talented management team.  By combining EXL's F&A outsourcing and transformation capabilities with OPI's end-to-end F&A outsourcing capabilities and proprietary platforms, we will assemble a comprehensive set of F&A solutions.  These solutions will be of tremendous relevance to the CFO's organization."

Clarence Schmitz, Chairman and CEO of OPI stated "This transaction enables the logical next step in OPI's growth. I am confident it will bring tremendous benefits to OPI's clients, as well as enhance opportunities for our employees around the world. We are bringing together OPI's domain expertise in F&A and EXL's differentiated transformation and outsourcing capabilities. The combined company will have the ability to meet an even broader range of client requirements and to accelerate our investments in proprietary F&A platforms and solutions. OPI's clients will benefit from the addition of EXL's transformational skill sets, a broader geographic delivery footprint, and its strong balance sheet."