Hinduja Global wraps up acquisition of Diversify Offshore Staffing Solutions

Hinduja Global Solutions (HGS), through its subsidiary HGS International Mauritius, has wrapped up the previously announced acquisition of Diversify Offshore Staffing Solutions.

The deal was announced in late January and its financial terms remained undisclosed.

Based in Australia, Diversify Offshore Staffing Solutions is engaged in providing business process management (BPM) services. The Australian company, which has delivery operations in the Philippines, is said to offer differentiated consumer engagement solutions to over 50 clients.

Hinduja Global Solutions, in a filing with the BSE and the NSE, stated: “This is in continuation to our letter dated January 29, 2022 announcing that the Board of Directors of HGS International Mauritius, wholly owned subsidiary of the Company, had at its meeting held on January 28, 2022, approved entering into a definitive agreement to acquire 100% equity stake in Diversify Offshore Staffing Solutions Pty Ltd., Australia (‘Diversify’).

“In this regard, we have to inform you that HGS International Mauritius has completed the acquisition of Diversify effective on February 25, 2022.”

Recently, Hinduja Global Solutions announced that its another subsidiary HGS UK had won a contract worth up to £211 million (INR 2,100 crores) from the UK Health Security Agency (UKHSA) to provide critical customer support to British citizens.