Mid-sized tech company Coforge acquires BPM firm SLK Global for Rs 918 cr

Mid-sized technology services firm Coforge Limited said on Monday that it has acquired SLK Global Solutions Private Limited for Rs 918.3 crore. The acquisition is expected to expand Coforge’s BPM operations, strengthen its financial services business, and increase presence in North America.

SLK Global is a business process transformation enterprise offering business process management and digital solutions for the financial services industry. The firm has deep domain expertise in the banking and insurance businesses in North America.

Coforge, earlier known as NIIT Technologies, said it would initially acquire 60 per cent stake in SLK Global, whose founders will completely exit.