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January 2022

Business Process Outsourcing

Business Process Outsourcing market leaders experienced tremendous top-line growth during 2021. Leading this growth was Maximus, Wipro, and Accenture who each experienced roughly 20-25% revenue growth from the beginning to the end of 2021. Coinciding with this growth, the BPO public median revenue trading multiple rose from 3.4x to 3.9x.