secwatch.observer — SEC 8-K summary
======================================

Issuer:     ExlService Holdings, Inc. (EXLS)
CIK:        0001297989
Form:       8-K
Filed at:   2021-12-20T23:59:59+00:00
Accession:  0001104659-21-151472
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1297989/000110465921151472/0001104659-21-151472-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1297989/000110465921151472/tm2135907d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-151472

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer