Hinduja Global Solutions Limited (HGS), through a subsidiary, is acquiring a controlling stake in Element Solutions, a digital consulting firm and cloud managed services company that works closely with Oracle, Amazon Web Services, Microsoft and Salesforce.Hinduja Global Solutions UK will pay US$5 million for a 57 percent equity stake in the company. The transaction is expected to close within two weeks.Element Solutions provides digital strategy and solutions in customer digital experience, data driven marketing, and cloud managed services areas, the company says. The company supports more than 35 Fortune 500 brands, concentrated in the healthcare, manufacturing, and retail industries.HGS says the deal will strengthen the buy-side portfolio of its digital services division, HGS Interactive (HGSi). The acquisition will add new capabilities and expertise in customer digital experience and digital marketing, the company said. It will also bring together a complementary client base across sectors and add significant onshore presence for the division.
Content, Channel investors, Mergers and Acquisitions
HGS Acquires Digital Consulting Firm Element Solutions

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