M&A Deal Summary

Firstsource Solutions Acquires Ascensos

On September 23, 2024, Firstsource Solutions acquired business services company Ascensos

Acquisition Highlights
  • This is Firstsource Solutions’ 4th transaction in the Business Services sector.
  • This is Firstsource Solutions’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2024-09-23
Target Ascensos
Sector Business Services
Buyer(s) Firstsource Solutions
Deal Type Add-on Acquisition

Target

Ascensos

Motherwell, United Kingdom
Ascensos is a provider of customer experience management solutions, dedicated to helping brands deliver exceptional customer service and engagement. Ascensos is based in Motherwell, United Kingdom.

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Buyer(S) 1

Buyer

Firstsource Solutions

Mumbai, India

Category Company
Founded 2001
Sector Business Services
Employees27,940
Revenue 63.3B INR (2024)
DESCRIPTION

Firstsource Solutions is a provider of offshore BPO services to clients primarily in the BFSI, telecommunications and media and healthcare industries. Firstsource Solutions was founded in 2001 and is based in Mumbai, India.


DEAL STATS #
Overall 6 of 6
Sector (Business Services) 4 of 4
Type (Add-on Acquisition) 5 of 5
Country (United Kingdom) 1 of 1
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-03 Quintessence

Dallas, Texas, United States

Quintessence provides full-cycle revenue growth management services to US healthcare entities and aggregators using a combination of proprietary technology including AI/ML based coding platforms and skilled talent force. Quintessence was founded in 2011 and is based in Dallas, Texas.

Buy -