Coforge is acquiring a strategic stake in SLK Global Solutions (Investee Company). The acquisition will enable Coforge acquire a new Top-5 client, substantially scale up its current BPM operations business, strengthen its presence in the Financial Services vertical, and noticeably expand its footprint in the US geography.
Additionally, Coforge sees significant synergies across its $ 100Mn Automation practice and the Investee Company BPM business, enabling the combined entities to drive differentiated impact in the market. This acquisition will also add an Indian Tier-3 city location capability to Coforge and enable it to compete for large deals with a material BPO/BPM operations component.