reports
XBP Europe Holdings, Inc. Completes Acquisition of Exela Technologies ...
XBP Europe Holdings, Inc. Completes Acquisition of Exela Technologies BPA, LLC, Creating a Global Business Process Automation Powerhouse Acquisition results in over $900 million in combined annual Revenue, resulting in a Net Debt-to-EBITDA ratio of the combined company of approximately 3.5x SANTA MONICA, Calif. and LONDON, July 30, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe”) (Nasdaq: XBP), a pan-European integrator of bills, payments, and related solutions and services, has finalized its acquisition of Exela Technologies BPA, LLC (“BPA”), a leading provider of busi...
XBP Europe to Update Investors at the Emerging Growth Conference on Ma...
XBP Europe to Update Investors at the Emerging Growth Conference on May 22, 2025 XBP Europe invites individual and institutional investors, as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference LONDON and SANTA MONICA, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, is pleased to announce that it will be giving an updat...
XBP Europe Holdings, Inc. Reports First Quarter 2025 Results
XBP Europe Holdings, Inc. Reports First Quarter 2025 Results First Quarter 2025 Highlights Revenue of $37.7 million, a decrease of 1.2% year-over-year and increase of 5.7% sequentiallyGross margin of 30.1%, a 380 bps increase year-over-year and 190 bps increase sequentiallyAdjusted EBITDA of $3.7 million, an increase of 25.6% year-over-year and decrease of 16.1% sequentially LONDON and Santa Monica, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and ser...
XBP Europe Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Re...
XBP Europe Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Results Full Year 2024 Highlights Revenue of $142.8 million, decrease of 8.0% year-over-yearGross margin of 26.8%, a 110 bps increase year-over-yearOperating profit of $3.5 million, an increase of $2.4 million year-over-yearApproximately $25M of ACV in active ramp, resulting in an incremental step-up in margin contribution in the second half of 2024Signed an exclusive, non-binding LOI to acquire Exela Technologies BPA, LLC, a potentially transformational deal that could expand XBP Europe’s revenue to ~$1 billion annually ...
XBP Europe Holdings, Inc. Signs Exclusive Non-Binding Letter of Intent...
XBP Europe Holdings, Inc. Signs Exclusive Non-Binding Letter of Intent to Acquire Exela Technologies BPA, LLC Merger would expand XBP Europe into a $1 billion revenue business SANTA MONICA, Calif., March 04, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe”) (Nasdaq: XBP), a pan-European integrator of bills, payments, and related solutions and services, today announced that it has entered into an exclusive, non-binding letter of intent with Exela Technologies, Inc. to acquire Exela Technologies BPA, LLC (“BPA”), a leading provider of business process automation solutions....
XBP Europe Selected for AGIRC-ARRCO’s Digital Transformation Framework
XBP Europe Selected for AGIRC-ARRCO’s Digital Transformation Framework PARIS, Feb. 20, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, announced today that its French subsidiary has been selected as a supplier on a large-scale framework for sourcing data processing and payments services. The AGIRC-ARRCO framework is estimated to be in excess of a cumulative total of €25 million for all suppliers. AG...
XBP Europe a été choisie pour le programme de transformation numérique...
XBP Europe a été choisie pour le programme de transformation numérique de l'AGIRC-ARRCO PARIS, 20 févr. 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc (« XBP Europe » ou « la Société ») (NASDAQ : XBP), un intégrateur paneuropéen de factures, de paiements ainsi que de solutions et de services associés visant à faciliter la transformation numérique de ses clients, a aujourd'hui annoncé la sélection de sa filiale française comme fournisseur dans un contexte de grande échelle de services de traitement de données et de paiements. Le cadre AGIRC-ARRCO est évalué à plus de 25 millions d'euros...
Exela Technologies Announces Strategic Partnership with Michael Page
Exela Technologies Announces Strategic Partnership with Michael Page IRVING, Texas, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (OTC: XELA, XELAP), a global business process automation (BPA) leader, has announced a strategic partnership between its Finance and Accounting Outsourcing (FAO) Business Unit and Michael Page, a leading recruitment firm specializing in leadership hiring for large enterprises. Michael Page, through this partnership, plans to expand Exela’s successful Center of Excellence across various corporate functions, including Fina...
XBP Europe’s AI-enabled Verification of Payee (VOP) Solution Simplifie...
XBP Europe’s AI-enabled Verification of Payee (VOP) Solution Simplifies VOP Onboarding for Banks in Europe LONDON and SANTA MONICA, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, is officially registered with the European Payments Council as a vendor of Verification of Payee (VOP) services. This development underscores the company's readiness to help organizations across the Eurozon...
XBP Europe to Present at the Emerging Growth Conference on January 15,...
XBP Europe to Present at the Emerging Growth Conference on January 15, 2025 XBP Europe invites individual and institutional investors, as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference LONDON and SANTA MONICA, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, is pleased to announce that it has been invited to present...
Exela Technologies, Inc. Announces Intention to Delist its Securities ...
Exela Technologies, Inc. Announces Intention to Delist its Securities from Nasdaq and to Deregister its Securities under the Securities Exchange Act IRVING, Texas, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (OTC: XELA, XELAP), a global business process automation leader, informs its stockholders and the market in general that today its Board of Directors approved the commencement of the process to: (i) voluntarily delist its securities from the Nasdaq Stock Market LLC (“Nasdaq”); and (ii) deregister the Company’s securities under the U.S. Securit...
Exela Technologies Recognized as a Strong Performer in Industry-Leadin...
Exela Technologies Recognized as a Strong Performer in Industry-Leading Task-Centric Automation Software Report IRVING, Texas, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a leading provider of Business Process Automation solutions, today announced that it has been recognized as a Strong Performer in The Forrester Wave™: Task-Centric Automation Software, Q4 2024. The report evaluates the most significant task-centric automation providers, previously categorized under Robotic Process Automation (RPA), to help businesses identify the best-fit s...
Exela Technologies, Inc. to Host Third Quarter 2024 Financial Results ...
Exela Technologies, Inc. to Host Third Quarter 2024 Financial Results Conference Call IRVING, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation leader, will host a conference call with the financial community to discuss the Company’s financial results for the third quarter 2024 at 4:30 p.m. ET on November 29, 2024. Hosting the call and reviewing the results will be Matt Brown, Interim Chief Financial Officer of the Company. The conference call will be broadcast live on Exela’s Investor...
XBP Europe electronic archive solution achieves NF461 certification
XBP Europe electronic archive solution achieves NF461 certification PARIS, Nov. 19, 2024 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, today announced its achievement of NF461 status for electronic document management in France. This prominent French standard establishes strict guidelines for document creation, storage, use, and disposal. It is designed to ensure stringent quality and security le...
La solution d'archivage électronique de XBP Europe a obtenu la certifi...
La solution d'archivage électronique de XBP Europe a obtenu la certification NF461 PARIS, 19 nov. 2024 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (« XBP Europe » ou bien « la Société » ; NASDAQ : XBP), intégrateur paneuropéen de solutions de facturation, de paiement et de prestations de services associées visant à faciliter la transformation numérique de ses clients, a aujourd'hui annoncé son obtention de la certification NF461 pour ses activités de gestion documentaire numérique en France. Cette prestigieuse certification française énonce des lignes directrices strictes pour la c...
XBP Europe Holdings, Inc. Reports Third Quarter 2024 Results
XBP Europe Holdings, Inc. Reports Third Quarter 2024 Results Third Quarter Highlights Revenue of $35.4 million, decrease of 5.6% year-over-year and increase of 5.5% sequentiallyGross margin increased to 32.6%, a 800 bps increase year-over-year and 1,300 bps increase sequentiallyOperating profit of $2.5 million, an increase of $2.2 million year-over-year and $3.8 million sequentiallyNet loss of $2.8 million includes $0.7 million of FX losses, a decrease of $0.1 million year-over-year and $2.0 million sequentiallyAdjusted EBITDA from continuing operations of $4.8 million, an incr...
Reaktr.ai Launches AI-Powered SecAi Service on Oracle Cloud Infrastruc...
Reaktr.ai Launches AI-Powered SecAi Service on Oracle Cloud Infrastructure IRVING, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Reaktr, the global business unit of Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), XBP Europe (“XBP”) (NASDAQ: XBP, XBPEW), and a member of the Oracle Partner Network (OPN), today announced the availability of SecAi on Oracle Cloud Infrastructure (OCI) and in the Oracle Cloud Marketplace. A pivotal component of Reaktr’s innovative AI cybersecurity suite, SecAi provides enterprises with a fully configura...
Reaktr.ai Launches AI-Powered SecAi Service on Oracle Cloud Infrastruc...
Reaktr.ai Launches AI-Powered SecAi Service on Oracle Cloud Infrastructure IRVING, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Reaktr, the global business unit of Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), XBP Europe (“XBP”) (NASDAQ: XBP, XBPEW), and a member of the Oracle Partner Network (OPN), today announced the availability of SecAi on Oracle Cloud Infrastructure (OCI) and in the Oracle Cloud Marketplace. A pivotal component of Reaktr’s innovative AI cybersecurity suite, SecAi provides enterprises with a fully configurable generative AI validation framewo...
XBP Europe Selected for UK Government’s G-Cloud 14 Framework
XBP Europe Selected for UK Government’s G-Cloud 14 Framework LONDON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, today announced its UK subsidiary XBP Europe Limited (fka Exela Technologies Limited) has been awarded a place on the UK government sponsored government cloud, or ‘G-Cloud’ 14 framework, which replaces the prior G-Cloud 13 framework. G-Cloud 14, managed by the Crown Commercia...
Exela Technologies, Inc. to Host Second Quarter 2024 Financial Results...
Exela Technologies, Inc. to Host Second Quarter 2024 Financial Results Conference Call IRVING, Texas, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation leader, will host a conference call with the financial community to discuss the Company’s financial results for the second quarter 2024 at 4:30 p.m. ET on August 28, 2024. Hosting the call and reviewing the results will be Matt Brown, Interim Chief Financial Officer of the Company. The conference call will be broadcast live on Exela’s Investor...
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