MoneyWorks4Me

HGS’ arm completes acquisition of 57% stake in Element Solutions

04 Apr 2018 Evaluate

Hinduja Global Solutions’ (HGS) subsidiary --Hinduja Global Solutions UK has on April 04, 2018 completed the acquisition of 57% equity stake in Element Solutions LLC, USA, a digital consulting services company, for a consideration of $5 million.

The acquisition of Element will help HGS Interactive (HGSi), HGS’ digital services division, to strengthen its Buy-side portfolio by adding new capabilities and expertise in customer digital experience and digital marketing. It will also bring together a complementary client base across sectors and add significant onshore presence for HGSi. The company will add over 75 employees comprising strategic thinkers, digital marketers, user-centric designers, software engineers and developers, of whom 33 are in the US and the rest in India.

HGS is a leader in optimizing the customer experience and helping our clients to become more competitive.

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