M&A Deal Summary

BLS International Acquires iData

On July 9, 2024, BLS International acquired business services company iData for 7.2B INR

Acquisition Highlights
  • This is BLS International’s 1st transaction in the Business Services sector.
  • This is BLS International’s largest (disclosed) transaction.
  • This is BLS International’s 1st transaction in Turkey.

M&A Deal Summary

Date 2024-07-09
Target iData
Sector Business Services
Buyer(s) BLS International
Deal Type Add-on Acquisition
Deal Value 7.2B INR

Target

iData

İstanbul, Turkey
iData is a visa service provider with over 37 reception centers in more than 15 countries located in Germany, Italy, and the Czech Republic. iData is headquartered in İstanbul, Turkey.

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Buyer(S) 1

Buyer

BLS International

New Delhi, India

Category Company
Founded 2005
Sector Business Services
Revenue 16.8B INR (2024)
DESCRIPTION

BLS International offers visa, passport, consular, and citizen services by working with over 46 client governments and is operational in 66 countries. BLS International was formed in 2005 and is based in New Delhi.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Turkey) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1