---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-151472"
form_type: "8-K"
ticker: "EXLS"
cik: "0001297989"
company_name: "ExlService Holdings, Inc."
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:36:53.407347+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EXL acquires Clairvoyant for $80.1M in cash plus up to $20M earn-out

## Summary
- Purchase price $80.1M cash (subject to adjustments) plus up to $20M earn-out based on 2022-2023 financial targets.
- Clairvoyant had unaudited LTM revenues of $37.9M as of Sep 30, 2021.
- Approximately 550 employees; acquisition strengthens EXL's analytics, data engineering, and cloud capabilities.
- Expected to be accretive to 2022 adjusted diluted EPS; reported in Analytics segment.
- Transaction closed in Q4 2021; funded with cash on hand and credit facility.

## SEC filing metadata
- accession: 0001104659-21-151472
- form_type: 8-K
- ticker: EXLS
- cik: 0001297989
- company_name: ExlService Holdings, Inc.
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297989/000110465921151472/0001104659-21-151472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297989/000110465921151472/tm2135907d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-151472
- JSON: https://secwatch.observer/filing/0001104659-21-151472.json
- Plain text: https://secwatch.observer/filing/0001104659-21-151472.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.