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StarTek and Aegis are both leading providers of outsourcing and technology services. With the completion of the merger, announced on July 20, 2018, the combined revenues will exceed $700 million.
The combined business will remain publicly listed on the NYSE under the name “StarTek, Inc.” and the ticker symbol “SRT,” and the headquarters will remain outside of Denver, Colorado. The combined business has more than 50,000 employees and a significant presence across 66 business process outsourcing locations in 13 countries and six continents.
Aparup Sengupta, chairman of the board of directors of the combined business, said in a press release: “This transaction is expected to be value accretive for the new company with access to world’s most rapidly growing markets, multi-lingual offerings, strong footprint and the institution of operational excellence capabilities and industry best practices. This integration will largely benefit our customers with enhanced capabilities, strong leadership, economies of scale and product innovation.”
To read more, please click here for the press release about the merger.