Hexaware Technologies Ltd.

Baring Private Equity Asia (BPEA) through its affiliated entities HT Global Holdings B.V. (the Acquirer) and HT Global IT Solutions Holdings has agreed to take Hexaware Technologies private through an ongoing delisting process. Under the transaction, the Acquirer will purchase an approximate 29% stake from public shareholders, increasing the combined ownership of BPEA controlled entities to approximately 91%.

In making a significant follow-on investment in Hexaware, BPEA continues to believe in the strength of Hexaware’s technology capabilities and its employees. Following the investment, Hexaware’s strategy will remain focused on building on its high performing technical talent base and investing in new capabilities in line with its strategy of ‘Automate Everything, Cloudify Everything, Transform Customer Experience’. BPEA and the Hexaware management team remain committed to delivering innovative, high-quality technology outcomes for its clients and maintaining the highest corporate governance standards.

Hexaware is the fastest growing next-generation provider?of IT, BPO and consulting services.