BLS International, one of the world’s largest providers of visa, passport, and consular services, has announced the completion of its acquisition of Turkey-based iDATA and its subsidiaries for approximately $96 million.
Established in 2005, BLS International continues to expand its global footprint with this strategic purchase.
According to the company’s statement, the acquisition was made through BLS International’s subsidiary, BLS International FZE, and its wholly-owned subsidiary, BLS International Holding. It solidifies BLS International’s position in the market and enhances its service offerings.
iDATA, a prominent Turkey-based company, operates more than 30 Visa Application Centers (VAC) in over 15 countries, providing visa processing and consular services to various governments. The company is particularly known for serving the diplomatic missions of Germany, Italy, and the Czech Republic.
In 2023, iDATA reported impressive financial results, with consolidated revenue of approximately 1 billion Turkish Liras and an EBITDA of 567 million 794 thousand Turkish Liras. This acquisition is expected to boost BLS International’s operational capabilities and expand its reach in the global market.
This acquisition also marks a significant milestone for BLS International, allowing it to leverage iDATA’s established infrastructure and expertise to enhance its service portfolio. With iDATA’s strong presence and performance, BLS International is well-positioned to offer improved and comprehensive visa and consular services worldwide.
This strategic acquisition aligns with BLS International’s mission to provide seamless and efficient services to its clients while expanding its global presence. As the company integrates iDATA’s operations, clients can expect enhanced service quality and greater accessibility to visa and consular services across multiple regions.
