BPO firm EXL today said it has acquired the back office centre of American Express Business Travel (AEBT) for $30 million (Rs 140 crore).

"The acquisition of American Express' Global Travel Service Center operations in Gurgaon will be about $30 million net of working capital adjustments at closing," EXL President and CEO Rohit Kapoor said in a statement.

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The transaction, expected to close in the first quarter of next year, will help add a management team and a delivery center to EXL.

EXL has also entered into an eight-year agreement to service the back-office operations of American Express Business Travel (AEBT).

"EXL will provide business process services to AEBT. We estimate achieving more than $160 million in revenues over the life of the contract," Kapoor said.

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