DLA Piper advises HGS on TekLink International acquisition as it expands its digital focus
DLA Piper has advised Hinduja Global Solutions Limited (HGS) (Listed on NSE & BSE, India) on its acquisition of a 100% stake in TekLink International, Inc.
Part of the multi-billion-dollar conglomerate Hinduja Group, HGS is a global leader in optimizing the customer experience lifecycle, digital transformation, and business process management. HGS combines automation, analytics, and artificial intelligence with deep domain expertise focusing on digital customer experiences, back-office processing, contact centers, and HRO solutions.
TekLink International Inc. (TekLink), headquartered in Illinois, U.S., is a full-service financial planning and analytics service provider that provides design, implementation, and application management services, with business, technical and functional expertise across multiple industries such as consumer products, pharmaceuticals, manufacturing & distribution, retail, utilities, and high-tech. TekLink has operations across U.S., Europe, and India. TekLink was recently named a 2022 Gartner Peer Insights Customers’ Choice for Data & Analytics Service Providers.
David Kuo, Corporate Partner at DLA Piper in Singapore, said: “We are pleased to have advised HGS once again as it continues to invest significantly in transformative, value-added and efficient tech-enabled solutions for clients. We look forward to the continued growth and success of HGS as it harnesses digital and industry 4.0 technologies to fundamentally change the way its clients do business. As featured in the 2022 DLA Piper Tech Index, our tech sector clients continue to see the important potential of M&A through economic cycles to acquire new technology and to also use it as a defensive strategy. We remain committed to supporting our blue-chip clients in Asia in achieving lasting shareholder growth.”
Meraj Noor, Deputy Chair of DLA Piper’s Global India Group, added: “We are pleased to have advised HGS on this important transaction to deliver a successful outcome which will add to HGS’s digital solutions strategy. Despite uncertainty in the macroeconomic environment, we continue to see our clients in India turning to M&A to win future profit pools. We are focused on providing our Indian clients the benefits of our global platform and exceptional service.”
Drawing upon its U.S. capabilities in Asia, the DLA Piper team was led by Singapore-based Corporate partner David Kuo and Deputy Chair of DLA Piper’s Global India Group, Meraj Noor. David and Meraj were supported by Senior Associate Ying Chern Tan and Associates Jia De Yam and Darren Foo. Litigation and Regulatory Partner Nathan Bush provided U.S. regulatory advice.
Partners Garrett Kennedy and Rich Ashley III, Of Counsel Michael Massiatte, and Associates Amanda Rooney, Myriem Bennani, Ryan O’Conor and Natalia Gagarkina provided support on U.S. employment, employee benefits and other specialist matters.