Aditya Birla Minacs acquires British firm
Aditya Birla Minacs, an arm of Aditya Birla Group, announced acquisition of the UK-based Compass BPO, a leading end-to-end finance and accounting (F&A) services provider.
Through this acquisition, Minacs would take over all the operations of Compass across the UK, US, Middle East and in India, bringing Minacs F&A employee strength to 600.
Aditya Birla Minacs CEO Deepak Patel said the acquisition strongly positions the company to be an integral part of its client’s core processes, a company release said.
‘Compass is a highly respected force in the F&A space with the full spectrum of capabilities,’ he added.
The financial terms of the deal were not disclosed. The founders of Compass David McCullough and Mark Atkins would join Minacs management.
UNI