ExlService Holdings, Inc. (NasdaqGS:EXLS) is looking for M&A. During the company?s third quarter of 2024 earnings call, Maurizio Nicolelli, Chief Financial Officer said, ?So in the M&A market, we continue to see plenty of opportunities and assets that come to market. Obviously, we're going to be very selective in terms of the strategic value to us. Going forward, we purchased ITI for a number of different reasons, particularly to really drive more capability in data management and also expand our client base.

Going forward, we'll continue to allocate capital to both M&A and share repurchase. Share repurchase, we've allocated about $185 million this year. And we've gotten a relatively very good price on those -- on that repurchase activity, just slightly north of $30 a share.

So, you'll see a fairly balanced capital allocation trajectory going forward, really tailored between M&A and share repurchase?.