Acquisition History / Hexaware Technologies Ltd / SMC Squared, LLC and Tech SMC Squared India entities

Hexaware Technologies Ltd Acquires SMC Squared, LLC and Tech SMC Squared India entities

Announced July 17, 2025 — $120M

Hexaware Technologies LtdGlobal capability centre (GCC) services2025

What happened

SMC Squared is a US-headquartered builder and operator of global capability centres in India, with group turnover of US$22.58M. Hexaware Technologies entered two share purchase agreements to acquire 100% of SMC Squared LLC and its Indian entities for up to US$120M, with US$45M paid upfront.

Acquirer
Hexaware Technologies Ltd
Target
SMC Squared, LLC and Tech SMC Squared India entities
Announced
July 17, 2025
Price
$120M
Industry
Global capability centre (GCC) services
Buyer type
Strategic acquirer
Status
Announced, not yet closed

By the numbers

Hexaware Technologies Ltd's acquisition history
2nd of 2 tracked deals
Disclosed prices
2 of 2 Hexaware Technologies Ltd deals
Hexaware Technologies Ltd's average disclosed price
$120M
Hexaware Technologies Ltd's largest disclosed deal
SMC Squared LLC ($120M)
Tracked acquisitions in 2025
503 across all acquirers
Hexaware Technologies Ltd in Global capability centre (GCC) services
1 acquisition

Frequently Asked Questions About This Acquisition

When did Hexaware Technologies Ltd acquire SMC Squared, LLC and Tech SMC Squared India entities?

Hexaware Technologies Ltd acquired SMC Squared, LLC and Tech SMC Squared India entities on July 17, 2025. This was Hexaware Technologies Ltd's 2nd publicly tracked acquisition out of 2 we have on record.

How much did Hexaware Technologies Ltd pay for SMC Squared, LLC and Tech SMC Squared India entities?

Hexaware Technologies Ltd paid $120M for SMC Squared, LLC and Tech SMC Squared India entities.

What does SMC Squared, LLC and Tech SMC Squared India entities do?

SMC Squared is a US-headquartered builder and operator of global capability centres in India, with group turnover of US$22.58M. Hexaware Technologies entered two share purchase agreements to acquire 100% of SMC Squared LLC and its Indian entities for up to US$120M, with US$45M paid upfront.

What other Global capability centre (GCC) services companies has Hexaware Technologies Ltd acquired?

SMC Squared, LLC and Tech SMC Squared India entities is Hexaware Technologies Ltd's only publicly tracked acquisition in Global capability centre (GCC) services so far.

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