Essar Global, the flagship company of the Essar group, has acquired Bermuda-based Business Process Outsourcing (BPO) firm, Global Vantedge for $23 million.

The acquisition will bring $25 million accretion to the turnover and five million dollars to net profit of Aegis whose current revenues exceed $180 million.

This is the fourth acquisition in the last 12 months made by Aegis BPO the wholly owned subsidiary of Essar Global In the last one year Aegis has acquired Customer First and Orion in India and Technion in the U.S. Global Vantedge will be renamed as Aegis Collect.