Wipro Acquires Assets of Wealthtime for Platform Modernization
Deal News | Jul 15, 2025 | Paul Hasting
Paul Hastings (Europe) LLP has advised Wipro Limited on its acquisition of key assets of Wealthtime, a platform focused on advisory services. As part of the agreement, Wealthtime will leverage Wipro's expertise in business process outsourcing to modernize and automate its operations, particularly focusing on enhancing its AI capabilities. The Paul Hastings team, led by partners Anu Balasubramanian, Jamie Holdoway, and Jane Song, with associates Frederick Howell and Jee Yoon Chung, played an integral role in facilitating this transaction. Wipro's strategic acquisition is aimed at delivering a next-generation platform, enhancing the user experience for Wealthtime clients.
Sectors
- Technology Services
- Financial Services
- Legal Services
Geography
- United Kingdom – Wealthtime, the acquired platform, is presumably based in the UK.
- India – Wipro Limited, the acquiring company, is headquartered in India.
Industry
- Technology Services – Wipro is a leading technology services and consulting company involved in the acquisition.
- Financial Services – Wealthtime operates as a platform within the financial advisory segment.
- Legal Services – Paul Hastings, a law firm, advised on the legal aspects of the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wipro Limited | Acquiring Company | Company | A leading global technology services and consulting company. |
| Wealthtime | Target Company | Company | An advisory-focused platform business. |
| Paul Hastings (Europe) LLP | Legal Advisor | Company | A premier law firm advising on the transaction. |
| Anu Balasubramanian | Legal Advisor | Person | Partner at Paul Hastings, involved in the transaction. |
| Jamie Holdoway | Legal Advisor | Person | Partner at Paul Hastings, involved in the transaction. |
| Jane Song | Legal Advisor | Person | Partner at Paul Hastings, involved in the transaction. |
| Frederick Howell | Legal Advisor | Person | Associate at Paul Hastings, involved in the transaction. |
| Jee Yoon Chung | Legal Advisor | Person | Associate at Paul Hastings, involved in the transaction. |