Sirius International Holding Acquires Derby Group to Boost Global Digitalization Efforts
Sirius International Holding (Sirius), a subsidiary of International Holding Company (IHC), has announced the acquisition of Derby Group, a diversified UAE-based business group. This strategic move aims to bolster Sirius’s focus on digital integrations, implementations, and scaling digital solutions on a global scale. The acquisition underscores the company’s commitment to prioritizing digital transformation across various sectors.
Founded in 1995, Derby Group is a prominent business solutions provider headquartered in the UAE. Derby Group is the preferred partner for numerous major corporate, government, and semi-government entities in the country, excelling in staff outsourcing with over 5,000 skilled white-collar employees deployed across the banking, financial services, and government sectors. Additionally, Derby has established a significant presence in sales outsourcing, providing comprehensive support and enhancing performance for Sirius’s government-focused subsidiaries.
The acquisition will allow Sirius to strengthen its portfolio across several new business areas, paving the way for further market and business expansion opportunities. By integrating Derby’s resources, Sirius will enhance its capabilities across its subsidiaries involved in digital and governmental transformation worldwide. The company plans to advance its strategic areas and solutions, leveraging AI, blockchain, and other digital innovations for governmental projects. Derby’s extensive services and infrastructure are expected to improve Sirius's operational efficiency and service quality.
Ajay Bhatia, Chief Executive Officer of Sirius International Holding, remarked: “Welcoming Derby Group to our portfolio represents another milestone that enables us to push swiftly forward with our growth ambitions. By integrating the diverse and successful businesses of Derby Group, we bring further depth, expertise, and capability to our portfolio, ultimately strengthening our diverse platform and positioning us to unlock further possibilities. We will continue to explore collaborations and market expansion that we know will foster innovation, create synergies, and drive positive change whenever and wherever we operate in our digitalization efforts globally.”
This acquisition follows a series of recent collaborations and expansion initiatives by Sirius, positioning it as a leading player in the technology and digital transformation sector with an expanding global footprint.
