 Aditya Birla Minacs, a global business solutions company, today announced the acquisition of UK-based Compass BPO Ltd, a leading pure-play end-to-end Finance and Accounting (F&A) services provider.
Through this acquisition, Minacs will take over all the operations of Compass across the UK, US, Middle East and in India, bringing Minacs’ F&A employee strength to 600. The founders of Compass – David McCullough and Mark Atkins will join Minacs’ management.
Commenting on the deal, Deepak Patel, CEO -Aditya Birla Minacs says, “With Compass forming the core of Aditya Birla Minacs F&A, we are now strongly positioned to be an integral part of our clients’ core processes. Compass is already a highly respected force in the F&A space with the full spectrum of capabilities. With 10 years of operations, it has excellent client credentials, a highly qualified team, and strong domain expertise. This move is part of our strategic roadmap, and brings to Minacs significant credibility in the fast growing F&A business”.
David McCullough, CEO -Compass BPO said, “We at Compass are excited at the opportunities for accelerating growth by leveraging Minacs’ global platform. Our best-in-class F&A expertise and value-added business solutions will bring great advantages to Minacs’ Fortune 500 client base. We are also delighted to be part of a team that is known for its heritage of long term partnerships with clients”.
Compass BPO provides business intelligence solutions for financial analysis and reporting enabling clients to make quick and informed business decisions. |