Hexaware Technologies Acquires Consulting Professionals Services to Boost AI and Cloud Capabilities
Hexaware Technologies announced the acquisition of UK and UAE-based CPS to strengthen its AI and cloud transformation capabilities. The deal is expected to close within two weeks and aims to enhance Hexaware's strategic positioning with a key FTSE 100 client.
The acquisition of CPS is a strategic move that is expected to enhance Hexaware's service offerings and market position, particularly with a significant client. While positive, the full impact will depend on integration and future performance.
The acquisition is expected to strengthen Hexaware's capabilities in AI and cloud transformation, consolidate client spend, and expand its market presence, which are positive developments for the company.
Hexaware Technologies Limited announced on May 20, 2026, that it has entered into an agreement to acquire Consulting Professionals Services Holdings Limited and its subsidiary, Consulting Professionals Services Limited (CPS).
CPS, based in the United Kingdom and United Arab Emirates, is a specialist technology consulting and professional services firm serving an FTSE 100 client. This acquisition is expected to consolidate client spend, strengthen Hexaware's strategic position with this client, and enhance its capabilities in AI and cloud transformation for financial institutions and blue-chip organizations.
The transaction is anticipated to close within two weeks. Parameshwaran Iyer, Country Head – UK & Ireland at Hexaware, stated that the acquisition adds scale and credibility in program assurance and cloud engineering, aligning with Hexaware's purpose of delivering business value. Amjad Riaz, Managing Partner at CPS, believes the transaction will enable CPS to deliver greater value to its clients by leveraging Hexaware's broader capabilities.
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Hexaware Technologies Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Hexaware Technologies Limited. Read the original for the full detail.