TP Cube in action with the acquisition of Majorel

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On April 26, 2023, Teleperformance announced its planned acquisition of Majorel, a major business services provider.

This acquisition illustrates the TP Cube development strategy whereby the Group is positioning itself as the preferred partner for its clients' digital transformation by deploying its expertise in integrated digital solutions by geography and client vertical.

The acquisition of Majorel is a fantastic opportunity for all Teleperformance partners. Our clients will benefit from enhanced expertise in all key markets worldwide. Our employees will thrive in a broader multicultural environment, combining high-touch and high-tech. And our shareholders will benefit from greater value creation from the first year

Daniel Julien, Chairman and Chief Executive Officer


To know more about Majorel

A highly strategic acquisition:

Maintaining financial flexibility:

Total amount of the acquisition: €3bn including €2bn in cash and €1m in shares

Leverage of around 1.8x 2023 EBITDA after the acquisition

Maintaining a strong credit rating: BBB (S&P)

Continuing the strategy of targeted, value-creating acquisitions based on the TP Cube approach.

A highly value-creating acquisition:

Significant cost-synergies of between €100m and €150m per year

Significant cost synergies of between €100m and €150m per year

significant earnings

Significant earnings per share accretion of more than +10% including run-rate cost synergies