Acquiring Company
ExlService Holdings
Acquired Company
iMerit
New YorkSan JoseAnalyticsInformation TechnologySoftwareArtificial IntelligenceAnalyticsMachine LearningNatural Language ProcessingConsultingBig DataComputer VisionDescription
ExlService Holdings is acquiring iMerit for up to USD 310 million to boost its AI capabilities. The acquisition aims to enhance AI innovation and deepen EXL's expertise in AI model training. The transaction is expected to close in the third quarter of 2026. It positions EXL to expand its presence in high-growth AI tech sectors.
Quick answer
ExlService Holdings is acquiring iMerit for $310 million, announced June 25, 2026. ExlService Holdings is based in New York, New York, United States.
- How much did ExlService Holdings pay for iMerit?
- The reported deal value is $310 million.
- What does ExlService Holdings do?
- ExlService Holdings, Inc. is a leading provider of operations management and analytics solutions, primarily serving the insurance, healthcare, banking, and financial services sectors.
- Where are ExlService Holdings and iMerit based?
- ExlService Holdings is based in New York, New York, United States. iMerit is based in San Jose, California, United States.
- Who are the decision-makers at ExlService Holdings?
- Fundz holds 1 contact at ExlService Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at ExlService Holdings, and when
When ExlService Holdings changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ExlService Holdings raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ExlService Holdings, from your own LinkedIn network
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Frequently asked
Who acquired iMerit?
iMerit was acquired by ExlService Holdings, based in New York. The deal was reported on June 25, 2026. ExlService Holdings, Inc. is a leading provider of operations management and analytics solutions, primarily serving the insurance, healthcare, banking, and financial services sectors. ExlService Holdings is publicly traded (EXLS) and operates in Analytics.
When did ExlService Holdings acquire iMerit?
ExlService Holdings's acquisition of iMerit was reported on June 25, 2026. ExlService Holdings is acquiring iMerit for up to USD 310 million to boost its AI capabilities. The acquisition aims to enhance AI innovation and deepen EXL's expertise in AI model training. The transaction is expected to close in the third quarter of 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does iMerit do?
iMerit is a global software delivered AI data solutions company providing high-quality data to power AI applications. Led by its product Ango Hub, iMerit unifies automation, human experts, and analytics for data-centric AI, driving superior model training. It is privately held, operating in Information Technology, and is based in San Jose.
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