XBP Europe (US:XBP) Globenewswireยท2025-07-30 13:00Core Insights - The acquisition of Exela Technologies BPA, LLC by XBP Europe Holdings, Inc. has resulted in the formation of XBP Global Holdings, Inc., with combined annual revenue exceeding $900 million and a net debt-to-EBITDA ratio of approximately 3.5x [1][4][5] Company Overview - XBP Global now operates with a workforce of around 11,000 employees across 19 countries, serving over 2,500 clients, including more than 60 Fortune 100 companies [2][7] - The company aims to enhance its global identity and operational capabilities through this acquisition, positioning itself as a leader in business process automation [3][4] Strategic Benefits - The acquisition is expected to accelerate global expansion and deepen market presence, particularly in key sectors such as healthcare, banking, and the public sector, through substantial investments in AI-powered solutions [4][5] - The enhanced financial position of BPA, following the acquisition, supports organic growth and strategic initiatives, with a trailing net debt-to-adjusted EBITDA ratio of approximately 3.5x [4][5] Governance and Structure - Post-acquisition, XBP Global has diversified its ownership structure with a broader base of institutional shareholders and strengthened its corporate governance framework [5] - The Board of Directors remains majority independent, with new experienced members added to enhance transparency and accountability [5] Integration and Future Plans - XBP Global is committed to a seamless integration process, leveraging the strengths of both organizations to deliver enhanced value and innovative solutions to clients globally [6]