Achievement December 18, 2025

Troutman Pepper Locke Advises EXL on $63 million Private Repurchase

CHARLOTTE – Troutman Pepper Locke advised ExlService Holdings, Inc. (NASDAQ: EXLS), a global data and AI company, on the repurchase of $63 million of shares of the company’s common stock from Orogen Echo LLC, an affiliate of The Orogen Group LLC. The shares were privately repurchased from Orogen under a stock purchase agreement dated Dec. 15, 2025, which is separate from the company’s $500 million share repurchase program. For more information, see the press release.

The Troutman Pepper Locke team that advised EXL was led by Rakesh Gopalan and included Alex Yarbrough and Regina Tisdale.

Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys leverage broad experience and deep industry knowledge to help clients navigate global markets and achieve their capital-raising objectives. The firm’s capital markets team is regularly recognized in industry league table rankings released by LSEG and Bloomberg, maintaining top rankings internationally and in the Americas. They focus on minimizing regulatory and economic risks while positioning clients for potential opportunities. The firm represents domestic and foreign issuers, underwriters, selling and controlling shareholders, and other market participants in a wide range of capital markets transactions.

Troutman Pepper Locke

Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.

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