WNS Acquires OptiBuy, for €30M


WNS (Holdings) Limited (WNS) (NYSE: WNS), a provider of global Business Process Management (BPM) solutions, acquired OptiBuy, a Warsaw, Poland-based provider of procurement platform consulting and implementation solutions.

Consideration for the transaction is €30.0m including up-front payment and expected earn-outs, and excludes adjustments for cash, debt, and working capital. Based on OptiBuy’s revenue generated in calendar 2022, the acquisition is expected to add approximately $2m to WNS’ net revenue in fiscal 2023, and to be neutral to WNS’ fiscal 2023 adjusted diluted earnings per share.

The company’s assets are complementary to WNS’ existing offerings and strengthen the company’s capabilities in high-end procurement.

Founded in 2010 and led by Mateusz Borowiecki, Managing Director, OptiBuy is a provider of procurement platform consulting and implementation solutions. The company helps clients leverage the capabilities of 3rd party procurement and supply chain platforms including Ivalua, Jaggaer, and O9, and complements WNS’ existing offerings with platforms such as Coupa and Ariba. In addition, OptiBuy also provides consulting, optimization, outsourcing, and training services to their clients. Currently focused on the EMEA market, the company has approximately 90 employees including more than 40 senior-level certified platform implementation professionals based in Poland.

Led by Keshav R. Murugesh, Chief Executive Officer, WNS (Holdings) Limited (NYSE: WNS) is a Business Process Management (BPM) company which combines deep industry knowledge with technology, analytics, and process expertise to co-create innovative, digitally led transformational solutions with over 400 clients across various industries. WNS delivers an entire spectrum of BPM solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of September 30, 2022, the company had 57,503 professionals across 60 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Spain, Sri Lanka, Turkey, the United Kingdom, and the United States.