Return to search

ExlService Holdings

ExlService Holdings Inc., a New York-based provider of business process outsourcing solutions, priced five million common shares at $13.50 per share ($10-$12 range), for an IPO take of approximately $67.5 million. It will trade on the Nasdaq under ticker symbol EXLS, while Citigroup and Goldman Sachs served as co-lead underwriters. The company had been acquired in 2002 by Oak Hill Capital Partners and Financial Technology Ventures, via a management buyout from Conseco.