Sutherland Global Services, a US-based company specializing in business process transformation, is currently engaged in discussions to acquire Suneratech, a prominent ITeS platform based in Hyderabad. The anticipated valuation of the deal stands at $200 million.
The acquisition would allow Sutherland to expand its reach into the Indian market and offer a wider range of services to its clients. Suneratech is a leading provider of ITeS solutions, with a focus on cloud computing, analytics, and automation. The company has a strong track record of growth and known as one of India’s fastest-growing companies.
The closure of the acquisition is expected within the upcoming months.
Outlined below are the key advantages that the acquisition would bring to Sutherland:
- Expanded market share in India
- Diversified range of services for clients
- Access to Suneratech’s specialized expertise in cloud computing, analytics, and automation
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Highlighted below are the key advantages that the acquisition would bring to Suneratech:
- Access to Sutherland’s extensive global reach and resources
- Opportunities for venturing into new markets
- Augmented growth prospects
The acquisition of Suneratech by Sutherland is a significant move for both companies. It is a sign of Sutherland’s commitment to the Indian market and its ambition to become a leading player in the ITeS sector. It is also a sign of Suneratech’s success and its potential for further growth.
