Hinduja Global Solution acquires the Canadian company On-Line Support

Posted By:

HGS acquires a Canadian company
Hinduja Global Solutions has acquired Canada-based customer relationship management company On-Line Support (OLS) Inc for an enterprise value of C$74.85 million in an all cash deal. The deal was completed via its US arm HGS Inc.

OLS is a contact centre provider servicing customers across media, telecom, technology and BFSI (banking and financial services) sectors, Hinduja Global said in a written statement.

OLS offers technical support, inbound and outbound sales and customer care services in English and French languages. The company has approximately 1,800 employees. OLS had revenue of C$ 63.4 million in 2010-11.

Hinduja Global Solutions (HGS) will now have 21,300 employees worldwide, post the acquisition, and its consolidated annual revenue will stand at USD 300 million on a run rate basis, the company said. It will now have presence in 42 countries with 25 languages. 


Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?