Hexaware Technologies has announced the acquisition of Consulting Professionals Services Holdings Ltd and its subsidiary, Consulting Professionals Services Ltd (CPS). This strategic move aims to strengthen the company’s presence in the UK and UAE markets. The all-cash deal, valued at up to GBP 11.00 million, will consolidate existing client relationships and enhance Hexaware’s AI and Cloud transformation capabilities, particularly for large-scale financial institutions.
Acquisition Overview
On May 20, 2026, Hexaware Technologies finalized an agreement to acquire Consulting Professionals Services (CPS), a specialist firm focused on regulatory compliance, technology infrastructure, and business transformation. The deal involves a 100% acquisition of the entity, which currently services a major FTSE 100 client. The transaction is expected to conclude within two weeks.
Deal Rationale and Impact
By integrating CPS into its operations, Hexaware intends to deepen its advisory maturity and expand its service offerings. The acquisition is expected to bolster the company’s position as a trusted AI and Cloud Transformation partner. Hexaware already maintains a significant service relationship with the client associated with these operations, and this move is designed to solidify its position within the client’s consolidated supplier landscape.
Financial Breakdown
The transaction is structured as an all-cash deal with a total aggregate consideration of up to GBP 11.00 million (approximately INR 1,397 million). The payment structure includes an upfront payment of GBP 6.0 million and an additional GBP 5.0 million linked to future financial performance. The target business has shown consistent revenue, reporting GBP 11.74 million for the period ending March 31, 2026.
Source: BSE
