Quatrro acquires Chicago-based firm

GURGAON, INDIA: Quatrro BPO Solutions today announced the acquisition of Chicago-based RSM McGladrey Financial Process Outsourcing (FPO), with financial participation from Sri Lanka’s John Keells Holdings.

The acquisition will see Quatrro add two new US locations in Madison and Pleasant Prairie and one in Mumbai in addition to its existing centers in India, China, North America and Sri Lanka.

RSM provides accounting service solutions for small and medium enterprises. “I see this move as an essential integral part of our strategy of growing Quatrro’s business targeted at the SME segment. I am confident that this will play a catalytic role in setting the agenda of ‘Going Beyond the Existing’ and building important businesses in underserved and uncontested market spaces,” said Raman Roy, chairman and managing director, Quatrro.

“FPO’s strengths complement those of Quatrro and I believe that FPO’s financial outsourcing technology platform and leadership position in the mid-market will make Quatrro an even stronger force in the industry,” said Cesar Soriano, CEO, RSM McGladrey FPO.