Hinduja Global Solutions (HGS) subsidiary will acquire 57% stake in digital consulting services firm, Element Solutions for USD 5 million.

The deal will increase the digital marketing and digital experience service business of the company and it is expected that the deal will close in the next 15 days.

Partha DeSarkar, HGS CEO stated, “Hinduja Global Solutions UK Ltd has today entered into a definitive agreement to acquire 57% equity stake in Element Solutions LLC,USA.. Post acquisition, HGS will add over 75 employees comprising strategic thinkers, digital marketers, user-centric designers, software engineers and developers, of whom 33 are in the US and the rest in India.”

Furthermore, the acquisition of Element will help HGS Interactive (HGSi), HGS’ digital services division, to strengthen its buy side portfolio by adding new capabilities and expertise in customers digital experience and digital marketing.

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