Small-cap stock One Point One Solutions (OPO) surged 15.81% on Tuesday, reaching ₹59.30 compared to ₹51.29 on Monday. The stock’s sharp rise came after the company revealed its plans to acquire a Latin America (LATAM)- based contact center for an estimated value between $30 million and $35 million.
In a filing to the stock exchange, One Point One Solutions confirmed that it had signed a non-binding term sheet with a well-established LATAM-based contact center. The contact center specializes in customer engagement solutions and is a prominent player in the market. This term sheet outlines the intent of both companies to move forward with a strategic acquisition, subject to regulatory approvals and standard closing conditions.
Strategic Focus on Global Expansion and Digital Engagement
The proposed acquisition aligns with OPO’s strategic goal of expanding its global service capabilities, particularly in digital customer engagement. By acquiring the contact center, the company aims to unlock significant synergies through operational integration. The deal will enhance OPO’s ability to offer enhanced customer service solutions across regions, improving its global presence and technological expertise.
Akshay Chhabra, CEO of One Point One Solutions, expressed his enthusiasm about the acquisition, stating, “We are excited about the opportunity this strategic acquisition presents. The target company has a strong track record in customer engagement, and its cutting-edge digital solutions will complement our growth strategy. This partnership accelerates our service expansion, enhances our capabilities, and drives greater value for our clients and shareholders.”
Workforce Expansion and Talent Pool Enhancement
One of the significant benefits of the acquisition will be the addition of over 1,400 skilled professionals to OPO’s workforce. This will significantly boost the company’s global talent pool, further strengthening its ability to deliver exceptional customer service across a broader client base. The expanded workforce will be instrumental in scaling OPO’s operations, supporting the company’s long-term growth strategy.
About One Point One Solutions
One Point One Solutions Limited is a leading Business Process Management (BPM) service provider specializing in customer engagement, back-office operations, and digital transformation. The company focuses on providing innovative, technology-driven solutions that deliver superior customer experiences. By partnering with clients across various industries, OPO enables scalable solutions that drive operational excellence and enhance client satisfaction. With a strong commitment to innovation, OPO continues to expand its global presence, striving to provide world-class services tailored to meet the needs of its diverse clientele.
This acquisition is expected to be completed by Q3 2025, and full integration is planned within the same timeframe.