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<strong>Sutherland</strong> <strong>Global</strong> <strong>Services</strong> acquires Adventity<br />
Acquisition to extend <strong>Sutherland</strong>’s service capabilities and increase the company’s marquee client<br />
base<br />
Targets emerging BPO markets in Asia, Africa and the Middle East<br />
Rochester, NY – May 12, 2010 ‐‐ <strong>Sutherland</strong> <strong>Global</strong> <strong>Services</strong>, a leading provider of Business Process<br />
Outsourcing (BPO) and Technology Enabled services, today announced the 100% acquisition of<br />
Adventity <strong>Global</strong> <strong>Services</strong> in an all‐cash deal.<br />
Adventity, with over 2,500 employees and operations in New York & Houston in the United States,<br />
Mumbai & Chennai in India and Dubai in the U.A.E., is a premier provider of business & financial<br />
research and analytical services. They focus on providing platform‐based BPO services to Banks and<br />
Financial <strong>Services</strong> companies and the Airline & Travel Industry.<br />
“<strong>Sutherland</strong> combines backoffice and customer facing frontoffice services to drive<br />
productivity and deliver measurable results for its clients. The offerings and approach at<br />
Adventity completely aligns with our strategic direction of expanding our presence in key<br />
verticals through platform based integrated solutions,” commented Dilip Vellodi, Chairman<br />
and CEO of <strong>Sutherland</strong> <strong>Global</strong> <strong>Services</strong>. Vellodi added, “The acquisition of Adventity will<br />
extend <strong>Sutherland</strong>’s service capabilities and broaden the company’s marquee client base.”<br />
Adventity’s global clients will now be able to leverage <strong>Sutherland</strong>’s secure and scalable worldwide<br />
infrastructure and would have full access to <strong>Sutherland</strong>’s suite of services. <strong>Sutherland</strong> in turn will<br />
utilize Adventity’s capabilities and domain expertise to secure a leadership position in<br />
complementary verticals in the vital emerging markets of Asia, Africa and the Middle East.<br />
Kumar Subramanian, CEO of Adventity remarked “Our global search for the right partner<br />
ended with <strong>Sutherland</strong>, in whom we found a company who would take the leadership<br />
position in the BPO space. In <strong>Sutherland</strong> we found a true multinational with a balanced and<br />
global delivery approach. Headquartered in the US, which is 65% of the global BPO market,<br />
<strong>Sutherland</strong>’s closetocustomer engagement model and an exceptional multinational<br />
leadership team appealed to us. We are indeed excited about joining the <strong>Sutherland</strong> team<br />
and taking our growth plans to the next level.”<br />
About Adventity<br />
Adventity was established in 2003 and has operations in US, India and the U.A.E. It is a market<br />
leading full service KPO/BPO firm for the Banking & Financial <strong>Services</strong> and the Airlines & Travel<br />
industry. Adventity offers comprehensive & innovative knowledge services including research and<br />
analytics and transaction services to clients across the globe. For more information, visit<br />
www.adventity.com.
About <strong>Sutherland</strong> <strong>Global</strong> <strong>Services</strong><br />
<strong>Sutherland</strong> <strong>Global</strong> <strong>Services</strong> was founded in 1986 as a global BPO and Technology Enabled services<br />
company offering an integrated set of back‐office and customer facing front‐office services that<br />
support the entire customer lifecycle. It is one of the largest, independent global BPO companies.<br />
Headquartered in Rochester, N.Y., <strong>Sutherland</strong> employs over 26,000 professionals and has 25 global<br />
delivery centers in the United States, Canada, Mexico, Nicaragua, India, the Philippines, Bulgaria,<br />
and the United Kingdom. For more information, visit www.sutherlandglobal.com.<br />
For additional information, contact: Robert Barclay, (North America and Europe) <strong>Sutherland</strong><br />
<strong>Global</strong> <strong>Services</strong>, +1‐585‐354‐1878, Robert.Barclay@<strong>Sutherland</strong><strong>Global</strong>.com<br />
###<br />
Prabhu S, (Asia Pacific) <strong>Sutherland</strong> <strong>Global</strong> <strong>Services</strong>, +91‐944‐404‐0748 or Propr.prabhu@gmail.com