Source: hr.economictimes.indiatimes

“IT major Tech Mahindra on Monday said it has acquired US-based Eventus Solutions Group for up to $44 million (around Rs 330 crore). Tech Mahindra, through its wholly-owned subsidiary – Tech Mahindra (Americas) Inc, has approved the proposal to acquire 100% equity shares in Eventus Solutions Group, LLC, a regulatory filing said.

The acquisition will bolster consulting capabilities in customer experience (CX) and customer management space and will enable Tech Mahindra to build an industry leading consulting practice and move up the value chain in the BPS business, it added.

The transaction is expected to close by June 15, 2021.”