Acquisitions23 Jan 2026, 07:54 pm
HCL Technologies to Acquire Singapore-based Finergic for SGD 19 Million
AI Summary
HCL Technologies Ltd, a leading global technology company, has signed a definitive agreement to acquire Finergic Solutions Pte Ltd, a boutique wealth consulting firm headquartered in Singapore. The transaction, valued at SGD 19 million, is expected to close by April 30, 2026. Finergic focuses on core banking and wealth management transformation and has a strong, well-established global presence. The acquisition is expected to enhance HCLTech's service delivery across the financial services and wealth management industry.
Key Highlights
- HCLTech to acquire Finergic Solutions Pte Ltd for SGD 19 million
- Finergic specializes in core banking and wealth management transformation
- Acquisition expected to enhance service delivery in financial services and wealth management industry
- Finergic has a strong, well-established global presence
- Transaction expected to close by April 30, 2026