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M&A Deal Summary

ExlService Holdings Acquires ITI Data

On August 1, 2024, ExlService Holdings acquired information technology company ITI Data

Acquisition Highlights
  • This is ExlService Holdings’ 4th transaction in the Information Technology sector.
  • This is ExlService Holdings’ 14th transaction in the United States.
  • This is ExlService Holdings’ 3rd transaction in New York.

M&A Deal Summary
Date 2024-08-01
Target ITI Data
Sector Information Technology
Buyer(s) ExlService Holdings
Deal Type Add-on Acquisition

Target

ITI Data

New York, New York, United States
ITI Data is a data management solutions firm that delivers enterprise business solutions for clients processing significant data volumes with complex data management requirements. With a broad range of business and technology experience, the company enables clients to manage and consolidate enterprise data, improve business process efficiency, and deliver significant returns on investment in their data operations and technology initiatives. ITI Data has deep experience in data management, governance, risk, regulatory, and compliance solution delivery with banks, financial services, and healthcare companies. ITI Data is based in New York, New York.

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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 16 of 16
Sector: Information Technology M&A 4 of 4
Type: Add-on Acquisition M&A Deals 13 of 13
State: New York M&A 3 of 3
Country: United States M&A 14 of 14
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Clairvoyant

Chandler, Arizona, United States

Clairvoyant provides global technology consulting and services to help organizations in their business transformation by maximizing the value of data through actionable insights. The company provides data engineering, analytics, machine learning, product engineering, and cloud-based solutions to some of the world's largest brands. Founded in 2012, Clairvoyant is headquartered in Phoenix, AZ, with offices in the U.S., Canada, and India.

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