M&A Deal Summary

ExlService Holdings Acquires American Express - Global Travel Service Center

On March 1, 2010, ExlService Holdings acquired business services company American Express - Global Travel Service Center from American Express

Acquisition Highlights
  • This is ExlService Holdings’ 1st transaction in the Business Services sector.
  • This is ExlService Holdings’ 1st transaction in India.

M&A Deal Summary

Date 2010-03-01
Target American Express - Global Travel Service Center
Sector Business Services
Buyer(s) ExlService Holdings
Sellers(s) American Express
Deal Type Divestiture

Target

American Express - Global Travel Service Center

Gurgaon, India
Global Travel Service Center is engaged in the integration of travel focused processes from different units and brings in over 14 years of domain knowledge. Global Travel Service Center services more than 20 markets across 33 different products.

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Buyer(S) 1

Buyer

ExlService Holdings

New York, New York, United States

Category Company
Founded 1999
Sector Information Technology
Employees59,500
Revenue 1.8B USD (2024)
DESCRIPTION

ExlService Holdings is a business process solutions company that looks deeper to drive business impact through integrated services and industry knowledge. EXL provides operations management, decision analytics and technology platforms to organizations in insurance, healthcare, banking and financial services, utilities, travel, and transportation and logistics, among others. ExlService Holdings was founded in 1999 and is based in New York, New York.


DEAL STATS #
Overall 2 of 16
Sector: Business Services M&A 1 of 4
Type: Divestiture M&A Deals 1 of 2
Country: India M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-06 Inductis

Jersey City, New Jersey, United States

Inductis is a professional services firm that helps large companies leverage strategy, analytics and technology to make better decisions. Inductis was founded by an experienced team of finance, technology, marketing and operations professionals with years of consulting, data analysis, technology and outsourcing experience.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-01 Outsource Partners International

Los Angeles, California, United States

Outsource Partners International (OPI) is a professional services firm dedicated to the outsourcing of finance & accounting business processes, analytics, and related consulting and advisory services.

Buy $91M

Seller(S) 1

SELLER

American Express

New York, New York, United States

Category Company
Founded 1850
Sector Financial Services
Employees75,100
Revenue 65.9B USD (2024)
DESCRIPTION
American Express' regional offices in downtown Sydney, Australia.
American Express' regional offices in downtown Sydney, Australia.

American Express is a global financial services company offering payment and credit services to consumers and businesses. The Company's principal products and services are charge and credit payment card products and travel-related services. American Express was incorporated in 1850 and is based in New York, New York.


DEAL STATS #
Overall 5 of 7
Sector: Business Services M&A 2 of 2
Type: Divestiture M&A Deals 3 of 4
Country: India M&A 2 of 2
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-15 Serve Virtual Enterprises

St. Petersburg, Florida, United States

Revolution Money is a secure technology platform created to deliver significant value to both consumers and merchants through two products, RevolutionCard and RevolutionMoneyExchange(TM). The RevolutionCard provides consumers with enhanced PIN-based security, identity protection and numerous merchant discounts and incentives. MoneyExchange is an online payment service that offers consumers a way to instantly send and receive money online to and from friends, family and associates.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-04 Accertify

Itasca, Illinois, United States

Accertify is a provider of fraud prevention, chargeback management, account protection, and payment gateway solutions. Accertify's technologies help protect many businesses and increase their operational efficiency. Accertify is based in Itasca, Illinois.

Buy -