CloveLegal and _Carle, Mackie, Power and Ross_ advised IQR Consulting on its acquisition by ExlService Holdings which was advised by DMD Advocates and Ropes & Gray.

Clove partner Dharmesh Kotadia and associates Nupur Rustagi and Akshat Shrivastava, and Carle partner Simon Inman and Kathryn Andrews acted for IQR which is a US based provider of marketing and risk analytics solutions for the banking industry.

DMD senior partner Rashi Dhir, senior associate Shivendra Singh and associate Sukhmani Singh, and Ropes senior attorney Matthew J Byron acted for ExiService which is a leading operation management and analytics company.

“With a global delivery model and marquee clients across the United States, IQR will help EXL accelerate its analytics growth in the banking and financial services industry”, reported The Wall Street Transcript.