True To His Name; Thierry Closes Wipro’s Largest Acquisition: Dolat Capital
Entrance of Wipro’s headquarters in Bengaluru, India. (Photo: BloombergQuint)

True To His Name; Thierry Closes Wipro’s Largest Acquisition: Dolat Capital

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Dolat Capital Report

Wipro Ltd. signed an agreement to fully acquire Capco, a global financial services consulting company, for $1.45 billion in all cash deal.

Capco (rev of $720 million) with its’ deep domain expertise brings significant value to Wipro by adding consulting capabilities to Wipro’s banking financial services and insurance vertical taking its BFSI footprint to $3.2 billion (34% of rev for Combined entity).

Capco also adds access to the C-suite across several pre-eminent financial companies and adds 30 strong BFSI (new) clients to Wipro’s roster.

We believe cross selling capabilities and consulting+IT+operations go-to-market strategy for proactive wins are the two key synergistic gains from this acquisition.

Click on the attachment to read the full report:

Dolat Capital Wipro Company Update.pdf

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