Hexaware Technologies Acquires Consulting Professionals Services to Boost AI and Cloud Capabilities

Hexaware Technologies Acquires Consulting Professionals Services to Boost AI and Cloud Capabilities​

Hexaware Technologies, a global IT services and solutions provider, announced on May 20, 2026, that it has entered into an agreement to acquire Consulting Professionals Services Holdings Limited. The acquisition includes the subsidiary, Consulting Professionals Services Limited (CPS). The transaction is anticipated to close within the next two weeks.

CPS is a specialist technology consulting and professional services firm with primary operations in the United Kingdom and the United Arab Emirates. The company delivers high-value consulting services across areas such as regulatory compliance, technology infrastructure, governance and risk, and business transformation, serving an established FTSE 100 client. Hexaware already maintains an existing relationship with this FTSE 100 client and is listed among their top IT service providers.

This acquisition is expected to consolidate client spend, thereby strengthening Hexaware's strategic positioning within the client's overall supplier ecosystem.

Strengthening Transformation Offerings​

The move is designed to reinforce Hexaware’s commitment to becoming a trusted partner for AI and cloud transformation, particularly for major financial institutions and blue-chip organizations. The expanded capabilities will cover the entire spectrum, from advisory and consulting services to full implementation and operational support.

Hexaware stated that CPS deepens the company's advisory maturity and interconnected local and global delivery models. Together, the combined entities expect to drive significant market expansion and diversification across large enterprise accounts.

Parameshwaran Iyer, Country Head - UK & Ireland, Hexaware, commented on the strategic value, stating, “With CPS, we gain access to high-performance talent in the UAE and UK. This acquisition adds scale and strengthens our credibility in program assurance and cloud engineering, which is significant as we expand our delivery locations and workforce diversity. Our customers are increasingly looking for partners who bring trusted advisory and execution excellence. CPS brings a strong consulting capability which aligns with our purpose of creating smiles by delivering business value.”

Amjad Riaz, Managing Partner at CPS, added that having worked extensively in the Financial Services and Market Infrastructure sectors, he believes the transaction will enable the company to deliver greater value to its clients by leveraging the wider capabilities of Hexaware.

HEXT Stock Price Movement​

Hexaware Technologies Limited shares edged higher on Wednesday, closing at ₹512.20 after gaining ₹1.45, or 0.28%, for the session. The stock saw consistent investor interest, with the equity trading a volume of 869,424 shares.