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BUSINESS

Hinduja Global Solutions Completes Acquisition of TekLink International for $58.8 Million

Hinduja Global Solutions has strengthened its digital solutions business.

On Wednesday, Hinduja Global Solutions (HGS) said it had completed a deal to acquire 100% of TekLink International for $58.8 million, subject to earnings and other agreed adjustments.

HGS provides digital consumer experience (CX), business process management and digital media services solutions.

TekLink International Inc is a full-service financial planning and analysis service provider, serving more than 60 clients across multiple industries, including consumer products, retail, pharmaceuticals, manufacturing and distribution, utilities, and high technology.

HGS said in a release that it had completed the 100% acquisition of TekLink at $58.8 million, subject to earnings and other customary and agreed adjustments.

TekLink is headquartered in the US with offices in Europe and delivery centres in Hyderabad and Indore, India.

“The acquisition will strengthen HGS’ digital solutions business by adding expertise in building data platforms, analytics and financial planning,” the release said.

It will also add a complementary digital workforce backup, with 275 technology and implementation professionals joining HGS as part of the deal.

The release added that HGS’ Digital Solutions business employs more than 750 core technology and digital marketing specialists, mainly in the US and India, who are transforming CX for brands.

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