PRESS RELEASE: transcosmos and Merlin Information Systems Group Limited, a British BPO company, have agreed for transcosmos to increase its investment and acquire 85% of the companies stock. Merlin will become a subsidiary of transcosmos and change the company name to transcosmos Information Systems Limited.
Merlin is a U.K. based BPO company founded in 1991. The company provides multi-language business process outsourcing and call center services covering English and European-language speaking countries for its global clients in the U.S. and Europe from its operational sites located in the U.K., U.S., Hungary and in the Philippines.
Since forming a business and capital alliance with Merlin in 2011, transcosmos has been expanding its services in the English and European language-speaking market while acquiring know-how for call center operations in the U.S. and Europe. Now, with this closer alliance, transcosmos further drives its efforts to strengthen account management for its client companies in the U.S. and Europe as well as providing BPO/ Call center services for Japanese and Asian customers in the European region.
transcosmos will further develop multi-language customer support and back-office functions in the European region to additionaly globalize its E-Commerce business, while leveraging Merlin’s near-shore and off-shore operational sites.
Richard Patterson said “This announcement is an exciting new page in the history of Merlin and one that, after 25 years, the shareholders and management believe is the right step to enable us to grow and fulfil Merlin’s potential.
Being part of TCI means being part of a company with nearly $2 billion in revenues and over 40,000 employees in over 34 countries around the world. TCI has acquired Merlin because of the skills and expertise of our people, exceptional client base and our knowledge and experience, in particular, of the European and North American markets.
Merlin will now be able to take advantage of transcosmos broad range of BPO and E-commerce services and solutions to expand our capability and improve services to customers.”