28.11.2014 Views

Download PDF - Sutherland Global Services

Download PDF - Sutherland Global Services

Download PDF - Sutherland Global Services

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!