Exela Technologies


Exela Technologies, Inc. is a global business process automation company. It was created with the merger of SourceHOV LCC, Novitex Holdings, Inc. and Quinpario Acquisition Corp. 2.

Overview

Exela services include workflow automation, digital mail rooms, attended and un-attended cognitive automation, print communications, and payment processing.
In 2018 the company declared serving 3500 customers in more than 50 countries. It has 1,100 onsite client facilities and 150 "delivery centers" in the Americas, Europe and Asian continent.
In June 2018, Exela Technologies was listed as a major contender in the Everest Group – Know your customer-Anti Money Laundering BPO – State of the Market with PEAK Matrix Assessment 2018".
In July 2019, Exela Technologies added Martin Akins to their Board of Directors.
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. Greenlight Capital is one the top investors in Exela Technologies.