Aurigin的动态

#IT firms chasing acquisitions to enhance their topline and skills Indian information technology (IT) services may be relying on acquisitions to fuel growth amid dire need for investments in newer capabilities, especially GenAI, as organic expansion opportunities are further pushed back in a circumspect global demand environment. "With the currently flat IT and BPO services markets, M&A (mergers and acquisitions) activity will increase over the next 12 months. Most new acquisitions will be in areas that add incremental revenue, such as Cognizant adding Belcan to add aerospace and engineering, Wipro and Rizing to add SAP consulting depth, and Accenture and Udacity to add tech learning at scale," said Phil Fersht, CEO and chief analyst of HFS Research. Read more ?? https://lnkd.in/dMRptpMP By Beena Parmar

ANSR and Accenture have formed a strategic alliance to help clients design, set up, and optimize global teams for technology and business functions. This partnership combines ANSR’s expertise in developing Global Capability Centers (GCCs) for Fortune 500 companies with Accenture’s extensive capabilities in enterprise reinvention. As part of this collaboration, Accenture has made an equity investment in ANSR and will join its board of directors. This alliance aims to leverage Accenture's technology, data, and AI-powered capabilities to help clients efficiently run their GCCs, tap into diverse talent networks, drive innovation, and ensure resilience. ANSR Accenture Accenture in India #GCC https://lnkd.in/dC-9nNBQ

?? Hexaware Technologies IPO: Key Highlights & Investment Appeal ?? Hexaware Technologies is set to make waves with its ?9,950 crore IPO, marking the largest offering in India’s IT services sector, surpassing TCS’s ?4,713 crore. Here’s why this IPO is generating significant attention: Key Highlights: IPO Size: ?9,950 crore (India’s largest IT services sector IPO) Offer for Sale (OFS): Carlyle to divest its 95.03% stake Valuation: Estimated at $5 billion to $6 billion post-IPO Why Hexaware is an Attractive Investment: Strategic Carlyle Backing: Acquired by Carlyle in 2021 for $3 billion, driving global expansion and service diversification. Carlyle’s exit via the IPO highlights Hexaware’s business growth and readiness for the next phase. Robust Financials: FY 2023 Revenue: $1.26 billion, up 7.8% YoY Strong revenue base, with 72% coming from North America, focusing on key sectors like banking, healthcare, and telecom. Global Reach & Competitive Edge: Over 31,000 employees across US, Europe, and APAC, benefiting from cost advantages in APAC. Focus on automation, AI, cloud, and data analytics, positioning Hexaware to compete with leaders like Persistent Systems and LTIMindtree. Growth Potential: Focus on emerging technologies—AI, automation, and cloud services—key drivers of digital transformation and IT modernization. Positioned to capitalize on the accelerating adoption of AI and machine learning across industries. Investment Opportunity: With its consistent growth, solid financials, and a strategic position in high-demand sectors, Hexaware offers attractive long-term potential. As the global demand for IT services and digital transformation continues to grow, Hexaware is well-positioned to benefit from emerging tech trends. Are you ready to explore the potential of Hexaware’s IPO? With a compelling growth story and leadership in automation and AI, this is one investment opportunity to watch closely. #HexawareIPO #TechIPO #InvestmentOpportunity #DigitalTransformation #AI #Automation #Cloud #TechStocks #FinancialGrowth #IndiaIT #EmergingTechnologies #IPO

Several takeaways from this summer: M&As (1) ● Accenture - One couldn't discuss M&As in #ITservices without starting by Accenture. Accenture continues its systematic approach. In Q3 FY24, it made 12 acquisitions for $2.3bn - In YTD FY24, the company spent $2.5bn on M&As (full-year FY23: $2.5bn). NelsonHall estimates that acquisitions will contribute ~3 pts of growth in FY24 (vs. ~2 pts in previous years) - Several acquisitions worth noting: two transactions in semi-conductor ER&D (Centria: 530 people, and Excelmax Technology: 230, both with an India-centric delivery model) #ERDservices - A continued push in (physical) infrastructure engineering. Accenture makes its first acquisition in Europe, with Bilbao, Spain-based Boslan. Boslan is sizeable and brings ~1,000 personnel. If I am correct, this is Accenture's first acquisition in infrastructure engineering outside of North America - My key question about this acquisition and the preceding ones in North America, is how Accenture will bring its offshore leverage in this kind of business.

?? The India-Europe connection is growing stronger—and so is the need for strategic advice on cross-border investments. At Newstream Advisory, we’re proud to work at the forefront of these trends, helping Indian mid-sized companies expand their global footprint and supporting European businesses in tapping into India’s dynamic growth. ?? Read Erika Lajko’s latest post to learn more about this exciting wave of cross-border opportunities. Let’s build bridges that create value on both continents! #NewstreamAdvisory #IndiaEuropeTrade #CrossBorderInvestment #GlobalPartnerships

?? Did you know? Indian mid-sized companies are making their mark in Europe like never before! ?????????? Here are some impressive highlights: ? A record 971 Indian-owned companies now operate in the UK, generating a combined turnover of ￡42.8 billion with an average annual growth rate of 48%. ? Indian IT giants are acquiring European firms to solidify their global presence—Infosys's €450M acquisition of Germany’s in-tech and Wipro's $1.45B purchase of UK-based Capco are just two recent examples. ? A survey of Indian mid-market firms shows that 89% are actively eyeing European markets, citing favorable conditions for growth and partnerships. This wave of investments isn’t just about large corporations—it’s a movement driven by dynamic mid-sized companies ready to innovate and collaborate. For European firms, this opens doors to a new era of partnerships with Indian businesses that are global in ambition, local in action. At Newstream Advisory, we specialize in facilitating these cross-border opportunities. As proud members of the ONEtoONE Corporate Finance network, we bring a global perspective with a boutique approach—tailored, strategic, and results-driven. ?? If you’re curious about how we can help unlock India-Europe synergies, let’s connect! #IndiaEuropeTrade #CrossBorderInvestment #NewstreamAdvisory #OnetoOne #PartnershipsForGrowth

Accenture's $9B of cash is being put to use, with 35 consultancy acquisitions already this year - higher than 2023 (25 deals). The big trend: 7 acquisitions have been pure-play Digital & IT Transformation firms - specifically, 3 of these have helped Accenture establish a foothold in Italy's public sector. Interestingly, we've also seen efforts to strengthen Accenture's existing capabilities in silicon design & semi-conductor engineering with the acquisition of 2 firms in India. In the UK, 2024 has so far seen the sale of 6point6 & Unlimited Group. Combined revenues for both companies were just over ￡120m, with combined EBTIDA for the pair at just over ￡10m. Assuming an average ~3x Revenue Multiple, that places the combined valuation at ~￡360m, which would have been negotiated as cash + stock deal. Check the link in my bio for our consultancy newsletter ??

#KPMGProud to share that Forrester just named KPMG US a Leader in The Forrester Wave??: Workday Services, Q2 2024!! KPMG's recognition as a market leader in providing Workday services highlights the superior quality and experience of our team. This underscores our consistent commitment to delivering outstanding results and ensuring client satisfaction. ?? The report states, “KPMG is well known for its business and strategy consulting for companies undergoing complex transactions like mergers, acquisitions, divestures, private equity, and large finance and operations transformation — enabled by the firm’s strong brand and capabilities in risk, technology, change management, and managed services. While it excels at Workday HCM, Finance, and Spend Management implementations, KPMG truly stands out in its industry accelerators in banking and capital markets, insurance and healthcare, and Workday packaged solutions.” Read the announcement and full report here: https://lnkd.in/g_wDNkkv #KPMGPowered #KPMGAdvisory #ForresterWave #WorkdayServices #KPMGAlliances

Transform your acquisitions with a multi-dimensional lever - GBS. It is only lever that impacts both sides of the P&L and creates accretive value on the balance sheet, leading to higher multiples at exits. Embracing Global Business Services: A strategic advantage for mid-market Private Equity portfolio companies ? At Altius, we’ve observed a rising trend in the adoption of Global Business Services (GBS) among mid-market, Private Equity (PE) portfolio companies.?Traditionally, GBS has been associated with larger enterprises where the perceived value?seemed more apparent. However, our recent engagements reveal that mid-market companies are also realizing substantial benefits from GBS, aligning well with the investment objectives of PE firms.? ? Why mid-market companies are adopting GBS ? – Cost savings and margin improvement? GBS optimizes costs and improves margins through labor arbitrage, process standardization and automation.? ? – Scalability and speed-to-market? Utilizing shared service centers and external partners, GBS offers scalability, facilitating rapid expansion as well as faster product and service delivery. – Recruiting and retention? GBS mitigates talent challenges by tapping into global talent pools and providing career growth opportunities.? ? – Process standardization and operational efficiency? GBS enhances productivity and reduces redundancies by consolidating and streamlining business processes across the organization.? ? These strategic benefits make GBS an attractive proposition for mid-market companies looking to drive value and achieve their business objectives. At Altius, we’re committed to helping our clients navigate this transformation and realize the full potential of GBS.? ? If you’d like to participate in a study on this topic, please message us. Nate Myer Henry Twydell Jana Vondran Luca Baratta Emily Ashworth Chau Jiun Deng Richard Andrew Dengos Douglas Rodriguez Sandeep Kulkarni Krishnakumar Parthasarathy Tom Torlone #PrivateEquity #PE #GlobalBusinessServices #GBS #ValueCreation #MidMarket #PortfolioCompany

One of the largest private equity firms, Carlyle group, is planning to exit Hexaware Technologies. They are open to various options - IPO, strategic sale etc. Carlyle is hoping to secure a whooping $5 Bn - $6 Bn valuation. Question is who will buy. My sense is it is a great opportunity for PE investors. Valuation is not aggressive, not conservative either. PEs are interested in this sector. Back to Hexaware - it is a classic mid-tier IT growth story. Climbed past the $1 Bn revenue milestone, built the right service porfolio, have comparable EBITDA. This gives Hexaware - 1. Strong potential to scale 2. With scale, margin profile can improve 3. This generates exponential EBITDA growth