Avendus Capital, Inc. Advises SPi Global on Its Acquisition of Laserwords Private Limited.

SPi Global, one of the world's largest and most diversified knowledge process outsourcing and customer relationship management service providers in the industry in terms of clients, geographic presence, and capabilities has announced its acquisition of Laserwords, a subsidiary of the Indian conglomerate, Murugappa Group. SPi Global is the premier provider of business and knowledge process outsourcing solutions for leading content providers, publishers, information aggregators, and Fortune 1000 corporations.

The company has been in the content solutions business for more than 30 years. It has been awarded as the No. 1 Print and Publishing Outsourcing vendor by the Black Book of Outsourcing. Laserwords is one of the pioneers and most successful publishing BPO companies in India. It has strong and deep-rooted relationships with 4 of the global top-5 publishing companies and a successful track record of delivering several millions of pages for each of them in typesetting and conversion services on a variety of platforms.

SPi Global has been looking to establish a presence in the educational publishing sector to complement its strong presence in the Scientific, Technical, Medical and Legal verticals. The acquisition will expand the depth and breadth of SPi Global’s content solutions business and with the combined strength of two leaders in the publishing space, clients will get comprehensive access to a wide array of solutions for print, electronic, and database products.

Avendus Capital, Inc. was the exclusive financial advisor to SPi Global for this transaction