WNS Acquires OptiBuy, for €30M
Summary
Consideration for the transaction is €30.0m including up-front payment and expected earn-outs, and excludes adjustments for cash, debt, and working capital. Founded in 2010 and led by Mateusz Borowiecki, Managing Director, OptiBuy is a provider of procurement platform consulting and implementation solutions. Currently focused on the EMEA market, the company has approximately 90 employees including more than 40 senior-level certified platform implementation professionals based in Poland. Led by Keshav R. Murugesh, Chief Executive Officer, WNS (Holdings) Limited (NYSE: WNS) is a Business Process Management (BPM) company which combines deep industry knowledge with technology, analytics, and process expertise to co-create innovative, digitally led transformational solutions with over 400 clients across various industries. WNS delivers an entire spectrum of BPM solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses.