Exela Technologies, Inc., Irving/Texas, USA (Exela), acquired Asterion International Group to expand in Europe.
A team at SKW Schwarz, led by partner Dr. Kolja Petrovicki, advised Exela over this cross border transaction, together with TerraLex members PDGB, ELEGIS, Kennedy van der Laan, Carabba & Partners, and Hjort.
Exela is one of the largest global providers of platforms for business process automation (BPA). With 22,000 employees serving over 3,500 customers across more than 50 countries, it is a leader in workflow automation, attended and unattended cognitive automation, digital mailrooms, print communications, and payment processing with deployments across the globe. The acquisition expands Exela’s European business to over $ 200 million in annual revenue.
Asterion International Group is a well-established provider of technology driven business process outsourcing, document management and digital data processing across Europe. It currently serves over 250 key customers in Europe from 13 operating locations and 30 customer sites.