XBP Europe completed the acquisition of Exela Technologies.

XBP Europe, a pan-European integrator of bills, payments, and related solutions and services, completed the acquisition of Exela Technologies, a provider of business process automation solutions. Financial terms were not disclosed. “This development reflects our ambition to grow as a truly global technology and services powerhouse – a company with both regional strengths and a clear international identity. The acquisition creates a global, integrated platform with a referenceable, AI-powered solution suite, further strengthened by BPA’s improved balance sheet, which gives us significant momentum. We are open for business and our teams will be reaching out to clients and prospects to share how this combination enhances our connected global brand and expands the value we deliver,” Andrej Jonovic, XBP Europe CEO.