WNS Global Services Ltd

Capgemini to Acquire WNS, Creating a Global Leader in Agentic AI-Powered Intelligent Operations

July 7, 2025 – Capgemini (Euronext Paris: CAP), a global business and technology transformation partner, has announced a definitive agreement to acquire WNS (NYSE: WNS), a leading digital-led business transformation and services company. The acquisition positions Capgemini as a global leader in Agentic AI-powered Intelligent Operations, enabling enterprises to transform end-to-end business processes and unlock significant value through AI-driven automation.

Under the agreement, Capgemini will acquire WNS for $76.50 per share in cash, representing a 28% premium over WNS’ 90-day average share price and a total consideration of $3.3 billion, excluding net financial debt. The transaction has been unanimously approved by the boards of both companies and is expected to close by the end of 2025, subject to regulatory and shareholder approvals.

Key Strategic Highlights
Immediate Financial Impact: The deal is expected to be accretive to Capgemini’s normalized EPS by 4% in 2026 (pre-synergies) and 7% in 2027 (post-synergies).

Global Leadership in Intelligent Operations: Combines Capgemini’s consulting-led, AI-powered transformation capabilities with WNS’ high-growth, margin-accretive Digital Business Process Services (BPS).

Accelerated AI Transformation: Positions Capgemini to capture enterprise investments in Agentic AI, enabling hyper-automation, autonomy, and enhanced business outcomes.

Executive Perspectives
Aiman Ezzat, CEO of Capgemini, stated:

“Enterprises are rapidly adopting Generative AI and Agentic AI to transform their operations end-to-end. Business Process Services will be the showcase for Agentic AI. Capgemini’s acquisition of WNS provides the scale and sector expertise to seize this paradigm shift, creating a leader in Intelligent Operations uniquely positioned to deliver AI-driven business process transformation.”

Keshav R. Murugesh, CEO of WNS, added:

“Organizations that have digitized are now seeking to reimagine their operating models by embedding AI at the core—shifting from automation to autonomy. By combining WNS’ deep domain expertise with Capgemini’s global reach and advanced AI capabilities, we will unlock new value and accelerate innovation for clients worldwide.”

Timothy L. Main, Chairman of WNS’ Board of Directors, commented:

“Capgemini is the ideal partner for WNS at this pivotal moment. Together, we can strengthen client resilience, drive sustainable growth, and empower our employees as part of a global technology powerhouse.”

About the Opportunity: Agentic AI and Intelligent Operations
Agentic AI enables enterprises to transition from traditional automation to autonomous, AI-driven processes. This acquisition will allow Capgemini to deliver consulting-led Intelligent Operations across sectors, blending advanced AI tools, technology platforms, and deep process expertise to achieve superior agility and efficiency for clients.

WNS brings a robust portfolio of horizontal and industry-specific solutions, with strong client relationships in eight verticals including airlines, insurance, banking, and utilities. In FY2025, WNS reported revenues of $1.27 billion with an 18.7% operating margin, reflecting a consistent +9% CAGR over three years.

Transaction Details and Timeline
The acquisition will be implemented via a Court-sanctioned scheme of arrangement under Jersey law. Capgemini has secured bridge financing of €4.0 billion to fund the transaction. The deal is expected to close by year-end 2025, following shareholder and regulatory approvals.

About Capgemini
Capgemini is a global business and technology transformation partner helping organizations accelerate their digital and sustainable journeys. With 340,000 team members across 50+ countries, Capgemini reported global revenues of €22.1 billion in 2024.

www.capgemini.com

About WNS
WNS is a digital-led business transformation partner serving over 600 clients worldwide. With 64,500+ professionals in 64 delivery centers, WNS combines domain expertise, AI, and analytics to deliver innovative, industry-specific solutions.

www.wns.com

Source: https://www.capgemini.com/us-en/news/press-releases/capgemini-to-acquire-wns-to-create-a-global-leader-in-agentic-ai-powered-intelligent-operations/