Thursday, July 19

Mergers & Acquisitions

Bhilwara Scribe, the IT arm of the Rs 2,860-crore LNJ Bhilwara Group, today announced the acquisition of two BPOs in the healthcare segment. The company has acquired Seattle-based Benson Transcription Technologies to create a strong front-end in the US market, while simultaneously acquiring Bangalore-based medical transcription outfit, Global Meditrans. The company did not divulge the size of the two acquisitions.
Benson Transcription has a track record of 15 years and has 50 US-based employees. It has a turnover of $2 million with another $2 million revenue to be added with the work in the pipeline.
Global Meditrans is a 200-seat unit with a track record of seven years in providing services to various clients in the US and Canada.

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