Quatrro BPO sets for $300 Million expansion plans
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New Delhi: Raman Roy headed Quatrro BPO Solutions is on an acquisition spree. Over $300-million funding has been lined up for the acquisitions. The company, which employs around 2, 500 people, is in talks with more than six companies on the same. "It is an exciting environment to acquire. Some good companies are available at very good prices and we are likely to complete one acquisition, valued at over $100 million, before March 2009," says Roy, Managing Director, Quatrro. The companies, which the BPO firm is eyeing, are involved in legal process outsourcing and outsourcing in healthcare, financial services and insurance verticals. Haryana based Quatrro uses structured transactions to acquire, where the funding partner picks up a stake in the parent company or the acquired entity in return for financing the deal. Initially, in July, the company had acquired UK-based Babel Media, an outsourcing firm in the gaming industry. The company also acquired DE Shaw group for $100-150 million, who is one of the shareholders, with the management holding a majority and a part of the rest shares are held by private equity firm Olympus Capital. Olympus has invested $100 million and DE Shaw, has picked up a 'low, single-digit stake'.

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