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Our Bureau

Mumbai, Feb. 23

KPO firm, Integreon Managed Solutions Inc, has said that it has acquired US-based CBF Group Inc, a business process outsourcing company exclusively focused on enterprise services to law firms.

The acquisition has been funded through Ayala Corporation, Integreon's majority shareholder, said a news release from the company. However, further financial details of the transaction were not disclosed.

Upon completion of the acquisition, CBF's management team will continue to oversee day-to-day operations of the company's recently expanded North Dakota facility, said a release from the company.

Mr Liam Brown, Integreon's CEO, said: "This centre, in a cost-efficient US location of Fargo, will give us the ability to offer legal clients industrial scale outsourcing solutions both onshore and offshore."

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