#Mps publishing professional
MPS North America is a wholly owned subsidiary of MPS Limited and provides full-service editorial, design, research and permissions, and production services to the educational publishing market with expertise in developing turnkey solutions for print and online products.Ībout Electronic Publishing Services (EPS)Įlectronic Publishing Services is a New York-based company, and provides full-service editorial, content creation, art rendering and development, design, research and permissions, and production services to the Higher Education and Professional publishing markets.
MPS Limited offers a diverse geographic spread with facilities in Dehradun, Noida, New Delhi, Gurgaon, Bengaluru, and Chennai in India and offices in Orlando, FL and Portland, OR in the US. Over the 44 years of its dominant presence, MPS has established itself as a global leader in its space with partnerships with the world's leading publishers and platforms. MPS Limited is a leading provider of platforms and services for content development, production, and distribution. I'm eager to continue my leadership role with our team and continue working closely with our valued customers" All the current employees of EPS have joined MPS and will continue to deliver all the services that they have in the past. "I'm excited by the combination of EPS with MPS and the expanded breath of services that our new organization will offer. Educational publishers will benefit from the wider range of services and the true integration of subject matter expertise with digital learning".Įileen Mitchell, President of Electronic Publishing Services Inc. We are delighted with the opportunity this presents to both MPS and EPS. "The acquisition of EPS further strengthens our presence in North America, and enriches our portfolio in the educational publishing market. Rahul Arora, CMO, MPS Limited and Managing Member, MPS North America stated: Avendus Capital has acted as the financial advisor.Įrnst and Young was the financial advisor to MPS, while JSA Law provided legal advice to the firm.Orlando, FL and New York, NY, October 1, 2014: MPS North America LLC, a wholly owned subsidiary of MPS Limited, announced today that it has completed the acquisition of EPS, a leading US-based, full-service editorial, content creation, art rendering and development, design, research and permissions, and production service provider to the Higher Education and Professional publishing markets. Wadia Ghandy & Co., Hengeler Mueller, and Bratschi Attorneys-at-law are the legal advisors to TIL for this transaction. TIS had reported consolidated revenue of Rs 140 crore in the financial year 2016-17. “The acquisition adds a global sales and marketing engine that has a rich background in scaling business and will unlock combined value.” “The acquisition of TIS is our definitive entry into the enterprise learning solutions market after the initial launch through Magplus in 2016,” said Rahul Arora, CEO of MPS Ltd. The firm acquired its German and Swiss subsidiaries in 2005, It handles training outsourcing, content development, and educational games.
Tata Interactive Systems was started nearly three decades ago. Once the deal is closed, he will continue as Tata ClassEdge’s chief executive. Milind Shahane, currently the CEO of Tata Interactive Systems and Tata ClassEdge, will continue to head both e-learning enterprises for now. The transaction is expected to be completed by June 30 once certain customary conditions are met and Tata Industries’ shareholders approve the deal.
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