EXLSERVICE HOLDINGS, INC. (NASDAQ:EXLS) Files An 8-K Completion of Acquisition or Disposition of Assets

0
EXLSERVICE HOLDINGS, INC. (NASDAQ:EXLS) Files An 8-K Completion of Acquisition or Disposition of Assets

EXLSERVICE HOLDINGS, INC. (NASDAQ:EXLS) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01. Completion of Acquisition or Disposition of Assets.

On July2, 2018, ExlService Holdings, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Initial Form 8-K”) with the Securities and Exchange Commission (the “SEC”) reporting that on July 1, 2018, through its wholly owned subsidiary ExlService.com, LLC (“Buyer”) and Buyer’s wholly owned subsidiary ExlService Cayman Merger Sub, completed the acquisition of SCIOinspire Holdings Inc. (“SCIO”) to its previously announced Agreement of Merger dated April 28, 2018.

This Current Report on Form 8-K/A is being filed to amend the Initial Form 8-K to provide the financial statements and pro forma financial information described in Item 9.01 below which were not previously filed with the Initial Form 8-K, and which are permitted to be filed by amendment not later than 71 calendar days after the date the Initial Form 8-K was required to be filed with the SEC. Except as otherwise noted, all other information in the initial Form 8-K remains unchanged.

Item 9.01 Financial Statements and Exhibits.

(a)

Financial Statements of a Business Acquired

The audited consolidated financial statements of SCIO for the year ended, and as of, December 31, 2017 (together with the accompanying notes thereto and the related Independent Auditors' Report) and unaudited consolidated financial statements for the six months ended, and as of, June 30, 2018 (together with the accompanying notes thereto) are attached as Exhibit 99.1 and Exhibit 99.2, respectively, to this Form 8-K/A and incorporated herein by reference.

(b)

Pro Forma Financial Information

The unaudited pro forma condensed combined financial information related to the acquisition is attached as Exhibit 99.3 to this Form 8-K/A and incorporated herein by reference.

The pro forma financial statements are presented for informational purposes only and do not purport to represent what the Company’s results of operations or financial position would have been had the transactions reflected occurred on the dates indicated or to project the Company’s financial position as of any future date or the Company’s results of operations for any future period.


ExlService Holdings, Inc. Exhibit
EX-23.1 2 exhibit231.htm EXHIBIT 23.1 Exhibit Exhibit 23.1Consent of Independent AuditorsWe consent to the incorporation by reference in the registration statements (No. 333-179098) on Form S-3 and (Nos. 333-139211; 333-157076; 333-206022; 333-226527) on Form S-8 of ExlService Holdings,…
To view the full exhibit click here

About EXLSERVICE HOLDINGS, INC. (NASDAQ:EXLS)

ExlService Holdings, Inc. is an operations management and analytics company. The Company operates through two segments: Operations Management and Analytics. The Company offers operations management solutions to the insurance, healthcare, banking and financial services, utilities, and travel, transportation and logistics industries. The Company offers analytics solutions for the banking and financial services, healthcare and insurance industries. Its operations management solutions include its delivery model, the Business EXLerator Framework, deployment of Business Process-as-a-Service (BPaaS) delivery model, business process automation (including robotics), consulting-driven transformation and its industry vertical focused approach. It specializes in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit and surveys.