Calcutta, Nov. 9: WNS Global Services, a leading business process outsourcing (BPO) company, has acquired US-based Trinity Partners for an undisclosed amount. The acquisition will help WNS strengthen its presence in the mortgage and financial services business. The financial adviser to the transaction was Avendus Advisors.

The buyout of Arizona-based Trinity Partners will enable WNS to straightaway bag a minimum $60-million contract spread over five years with First Magnus Financial Corporation, Zubin Dubash, group CFO of WNS said. “This acquisition positions WNS Trinity Mortgage Services, which will be a separate vertical, as a leading provider of BPO services in the mortgage industry,” he said.

The combined entity will deliver comprehensive BPO solutions with advanced technology and extensive industry knowledge. WNS will continue to deliver multiple services across the mortgage value chain.

WNS Global had a revenue of $165 million in 2004-05 and on that basis it was ranked as the number one company by Nasscom. It plans to have a workforce of 10,000 by the end of March. It is already building a new campus in Gurgaon that can accommodate up to 2,500 professionals. Its current strength is 8,500.

“We are delighted to announce our acquisition of Trinity Partners,” said Neeraj Bhargava, CEO of WNS Global Services.

“With all our acquisitions, we seek key strategic alliances that allow us to meet our long-term goals; complement our organic growth; blend with our corporate culture; and exceed the expectations of our clients. We saw a cultural fit in Trinity Partners. This acquisition enables us to expand our presence and extend our reach within the financial services vertical, beginning with the mortgage banking sector.”