Quick Summary: One Point One Solutions Ltd., through its Singapore-based subsidiary, has signed a term sheet to acquire ITNITY PTE. LTD., a Singapore IT firm, for $7.6 million. The proposed acquisition aims to expand OPO’s global footprint, enhance digital customer engagement services, and unlock operational synergies. The deal is subject to due diligence and final agreements.
Full Article: One Point One Solutions Limited (OPO), a leading provider of Business Process Management (BPM) services, has announced a significant development in its global expansion strategy. Its wholly-owned subsidiary, One Point One Singapore Pte. Ltd., has signed a term sheet to acquire a 100% equity stake in ITNITY PTE. LTD., a Singapore-based IT company. The proposed acquisition is valued at $7.6 million.
The term sheet marks the intent of both companies to move forward with a strategic acquisition, pending legal and financial due diligence and the signing of definitive agreements. The deal is expected to broaden OPO’s international presence and strengthen its digital customer engagement offerings.
The acquisition aligns with OPO’s goal of enhancing its technology-driven BPM capabilities. ITNITY’s expertise in customer engagement and digital solutions is seen as a strategic fit, expected to complement and expand OPO’s existing services. The transaction will not only add value to its service portfolio but also unlock synergies through operational integration.
According to OPO, the integration of ITNITY’s operations will create opportunities for cost savings, increased efficiency, and resource optimization. It will also enhance OPO’s ability to meet growing demand for scalable, tech-enabled customer support solutions across regions.
The transaction carries an enterprise value of $7.6 million, subject to satisfactory completion of due diligence. If finalized, this acquisition will further reinforce OPO’s delivery capabilities and market competitiveness in the digital BPM space.
Commenting on the development, Akshay Chhabra, CEO of One Point One Solutions Limited, said, “This strategic acquisition is a game-changer. The target company’s customer engagement expertise and advanced digital solutions perfectly align with our growth ambitions. It will significantly boost our service offerings and client value, accelerating our market position.”