Company type | Public |
---|---|
Nasdaq:
XELA Russell 2000 Component | |
Industry | Software, information technology |
Predecessor | SourceHOV LLC, Novitex Holdings, Inc. and Quinpario Acquisition Corp. 2 |
Founded | 2017 |
Headquarters | Irwing, Texas, , |
Key people | Suresh Yannamani ( Chief Executive Officer of Exela Technologies BPA LLC) |
Products | PCH Global, XBP, TTY |
Services | enterprise information management, transaction processing services, business process automation |
Revenue | $1,292.6 Million (2020) [1] |
Number of employees | 16,000 |
Website |
www |
Exela Technologies, Inc. is an American business process automation ("BPA") company. [2] It was created with the merger of SourceHOV LCC, Novitex Holdings, Inc. and Quinpario Acquisition Corp. 2. [3] [4] [5] [6]
Exela’s software and services address finance & accounting, human capital management, and legal management, as well as banking, healthcare, insurance, and public sectors.
Exela Technology services include workflow automation, digital mail rooms, attended and un-attended cognitive automation, print communications, and payment processing. [7]
In 2022 the company declared serving 4,000+ customers [8] in more than 50 countries. [5] It has 1,100 onsite client facilities and 150 "delivery centers" in the Americas, Europe and Asian continent. [9] [10]
In October 2022, Exela Technologies was listed as a Leader in the Everest Group – PEAK Matrix for Medical Coding Operations Assessment 2022". [11]
In July 2019, Exela Technologies added Martin Akins to their board of directors. [12]
In March 2020, Exela completed the divestment of SourceHOV Tax, the company's tax consulting group, for $40 million to private equity firm Gainline Capital Partners. [13] Greenlight Capital is one of the top investors in Exela Technologies. [14]
As per the latest financial results published in August 2023, the number of employees stood at approximately 16,500.
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