Virrtue, a rapidly growing finance and accounting BPO company, made a major announcement today regarding their expansion into the United Kingdom market. The company has acquired Virgate, a tech-driven accounting services company headquartered in Gloucester, England. This strategic move aims to further strengthen Virrtue’s presence and capabilities in the UK and European markets.
Virgate has established itself as a trusted partner to businesses across the UK and Europe, offering exceptional end-to-end accounting services through their advanced technology platforms. This acquisition will allow Virrtue to leverage Virgate’s expertise and best practices, bringing even more value to their clients. Arvind Perumbala, Senior Vice President of Virrtue, expressed his excitement about the partnership and the potential for innovative offerings and growth in the UK and Europe.
Sarah Travell, Founder & CEO of Virgate, also spoke about the partnership, stating that Virgate’s philosophy of continuous innovation aligns perfectly with Virrtue’s. She believes that joining forces with Virrtue will greatly enhance their capabilities and support their journey towards success.
Under the terms of the acquisition, Virgate will continue to operate under its current name as a subsidiary of Virrtue. While Virrtue will continue to focus on its growing clientele in the United States, this strategic move will position both organizations for unprecedented growth in their respective markets. The financial advisor for Virrtue in this transaction was Novistra Capital.
Virrtue is a subsidiary of Access Healthcare, one of the largest independent providers of Revenue Cycle Management solutions in the US healthcare industry. With a workforce of over 27,000 employees spread across 20 service delivery centers in the US, India, and the Philippines, Access Healthcare brings value to clients through global delivery, workflow optimization, and a proprietary, AI-enabled automation platform.
Virgate, on the other hand, is a preferred partner to small and medium enterprises in the UK, offering bespoke finance and accounting services to over 50 clients in the food services, retail, and hospitality industries. Their cutting-edge technology enables swift and accurate financial reporting, aiding regulatory compliance and providing in-depth performance analytics.
For media inquiries, please contact info@virrtue.in. This news release was distributed by Pressat.co.uk.
