RHCP announces investment in TransWorks (www.transworks.com), one of India’s leading Business Process Outsourcing (BPO) firms. Based on a theory to create one of the world’s leading BPO firms developed in collaboration with the Aditya Birla Group, one of India’s largest and most respected business houses, RHCP has made an investment in TransWorks, a leading BPO asset in India owned by the Birla Group. RHCP and the Birla Group will pursue full strategic and operational integration of TransWorks and Minacs with an eye to building a truly global BPO champion with a unique global delivery footprint. “Together TransWorks and Minacs will offer BPO customers a value proposition that is totally unmatched – the ability to deliver best in class BPO services in our chosen verticals anywhere in the world”, said Andrew Cockwell, Principal at ReichmannHauer Capital Partners. “TransWorks is very pleased to have RHCP as an investor, a Board member, and a partner for the business going forward. The RHCP team brings enormous value to the table and we believe they will help to set TransWorks on a dynamic growth trajectory” said Dev Bhattacharya, group executive president, Aditya Birla Group. Mr. Philip Reichmann, co-Founding Partner of RHCP, added, “We are very excited about our partnership with the Birla Group and believe that TransWorks and Minacs make a very powerful combination”. RHCP will continue to play its role as TransWorks and Minacs are integrated and as the business is built in to one of the world’s BPO leaders.
September 2006 | more news