Acquisition opportunity: The buyer is looking to acquire an IT Services company engaged in the Banking, financial services and insurance (BFSI) or in the Life science services (LSS) sector.

The Business is looking to acquire an IT Services company engaged in the Banking, financial services and insurance (BFSI) sector or Life science services (LSS) sector.

In case of target engaged in BFSI industry-

• Focused domain areas must include a few of the following:

1. Cards & Payments
2. Leading and Lending
3. Regulatory Reporting
4. Property and Causality – preferably, Commercial & Specialty Insurance.
   
   

• Must have at least 3 existing customer engagements in the following:

1. CitibanK
2. Goldman Sacs
3. JPMC
4. Morgan Stanley
5. Hartford
6. Mass Mutual
7. Chubb
8. Wells Fargo
9. S&P Global
10. HSBC
11. PNC Bank
12. US Bank
    
    

• Must have a presence in

1. North America;
2. UK and Continental Europe will be an edge;
3. Global Delivery Footprint – India offshore and nearshore (e.g., Mexico/low-cost USA)
   
   

• Revenue Size : $50-100 Million
  EBITDA margin: ~18% +