Key Highlights
- One Point One Solutions signs agreement to acquire 100% stake in Netcom entities in Costa Rica and Colombia.
- Transaction to be executed through wholly owned subsidiary One Point One MENA Holdings.
- Total acquisition value pegged at USD 33.37 million including performance linked earn out.
- Deal strengthens presence in Latin American ITES and BPO contact center markets.
- Acquisition expected to close on or before March 31, 2026.
One Point One Solutions Limited has entered into a definitive purchase and sale agreement to acquire 100 percent shareholding in Netcom Business Contact Center S.A. of Costa Rica and its subsidiary Netcom BCC Colombia S.A.S. The acquisition will be carried out through its wholly owned subsidiary, One Point One MENA Holdings Limited, marking a key step in the company’s international expansion strategy.
The transaction is intended to strengthen One Point One Solutions’ presence in the fast growing Latin American information technology enabled services and business process outsourcing market. The Netcom entities operate across Costa Rica, Colombia, and Panama, offering omnichannel contact center services, business process outsourcing solutions, and specialised digital signature support for regulated sectors including banking and government.
The total transaction value has been estimated at USD 33.37 million. This includes an upfront cash payment of USD 25.41 million and a performance linked earn out of approximately USD 8.25 million, subject to post closing adjustments based on EBITDA and working capital metrics. The consideration will be paid entirely in cash through structured installments.
The company has clarified that the acquisition does not qualify as a related party transaction, as neither the promoters nor group companies have any interest in the target entities. In addition, no governmental or regulatory approvals are required for the transaction, which is expected to support a smooth and timely completion.
Netcom has demonstrated steady financial performance over the past three fiscal years, reporting revenues of USD 25.35 million in 2024, USD 24.18 million in 2023, and USD 19.84 million in 2022. The business serves a diversified client base across banking, telecommunications, insurance, and public sector segments, supported by long term contracts and an asset light operating structure.
The legal closing of the acquisition is expected to be completed on or before March 31, 2026, subject to customary closing conditions. Upon completion, the transaction is expected to enhance One Point One Solutions’ global delivery capabilities, broaden its international revenue base, and strengthen its position in the global BPO and digital customer experience services market.