Itella Information acquired NewSource GmbH, entering the German BPO market for accounting

20.04.2011

Itella Information has acquired NewSource GmbH in Hanover, Germany. NewSource, one of the leading providers of BPO (business process outsourcing) services in Germany is specialized in finance and accounting. With its entry into the Germany BPO market, Itella Information is taking an important step towards becoming the European market leader in financial transaction processes.

With NewSource, Itella is now able to offer the entire service chain for financial management, becoming an important player on the German market for the entire field of finance and accounting. Itella Information now has a comprehensive range of services that enables the company to conduct the entire transaction business for medium-sized enterprises in Germany.

In November last year Itella Information acquired Outsourcing Solutions Sp. z o.o, one the leading Polish outsourcing companies, offering services within the scope of business process outsourcing, finances and accountancy as well as human resources and payroll.  Both these deals supports Itella Information strategy in becoming the number one partner for customers in the field of financial transactional processes in Europe.