Hexaware Technologies has completed the acquisition of Consulting Professionals Services Holdings Limited and its wholly owned subsidiary, Consulting Professionals Services Limited (CPS), for a total consideration of GBP 11.00 million. The transaction, executed through Hexaware's wholly owned subsidiary Hexaware Technologies UK Ltd, concluded on May 28, 2026. This strategic acquisition is designed to strengthen the company's capabilities as an AI and cloud transformation partner for financial institutions and blue-chip organizations.

Transaction Details

The deal was structured as an all-cash transaction with a total consideration capped at GBP 11.00 million. This included an upfront payment of GBP 6.00 million and an additional GBP 5.00 million contingent upon the financial performance of the acquired entity. Hexaware has acquired 100% shareholding and control of the target entity. The company confirmed that the transaction did not require any governmental or regulatory approvals and was not a related party transaction.

Strategic Rationale

CPS is a specialist technology consulting and professional services firm operating primarily in the United Kingdom and the United Arab Emirates. The firm delivers high-value consulting services, including regulatory compliance, technology infrastructure, governance and risk, and business transformation, to a FTSE 100 client. Hexaware currently maintains an existing relationship with this client and ranks among its top service providers. The acquisition is expected to consolidate client spend and strengthen Hexaware's strategic positioning within the client's supplier landscape.

Financial Performance

The target entity provided unaudited turnover figures for the client contract over the past three fiscal years. The data reflects the performance of the business operations being transferred to CPS as part of the transaction. The exchange rate used for conversion is INR 127.00 per GBP.

*INR to GBP foreign exchange rate = INR 127.00 per GBP

Hexaware Technologies has been named the Top Business Transformation Partner of the Year 2026 by Automation Anywhere. Presented at Imagine, Automation Anywhere's flagship event for enterprise automation and AI, the award recognizes the company for its work with global enterprises on automation programs running at production scale. This distinction highlights the sustained partnership between the two organizations, which has lasted for over 10 years.

The Imagine conference serves as an annual gathering for enterprises, technology leaders, and ecosystem partners, focusing on the adoption of agentic automation across industries. Partner awards are presented each year to organizations that have delivered consistent results and strong customer outcomes within the Automation Anywhere ecosystem.

Hexaware's automation practice encompasses strategic consulting, GenAI and agentic AI implementation, intelligent process automation, bot migration, analytics, and managed support. The company structures its delivery model to cover the full lifecycle of enterprise automation programs, ranging from initial strategy to operational management.

"This recognition reflects where our AI and automation practice stands today—technically deep, operationally tested, and built to handle the scale and complexity that global enterprises bring to us," said Eravi Gopan, President & Global Head – Technology, Products, and Platforms, Hexaware. "It also strengthens our conviction in the direction we're building toward."

Suresh Kumar Bennet, Executive Vice President & Global Head – Business Process Services, Hexaware, attributed the success to the team's ability to deliver automation programs that withstand real enterprise conditions. "Ten years with Automation Anywhere has been built on one thing: delivering automation programs that hold up under real enterprise conditions. This award belongs to the teams who made that happen, and to the clients who trusted us with their most critical processes," said Bennet.

Rushabh Parmani, Co-Founder and Chief Customer Officer at Automation Anywhere, praised Hexaware for converting automation strategy into meaningful enterprise outcomes. "Hexaware has distinguished itself through its ability to turn automation strategy into meaningful enterprise outcomes. Their deep domain expertise, strong execution, and growing capabilities in agentic AI make them a valuable partner for organizations looking to modernize complex operations at scale," said Parmani.