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Announced

Completed

Samara Capital, Goldman Sachs and Janchor Partners-backed FirstMeridian completed the acquisition of RLabs.

Synopsis

Samara Capital, Goldman Sachs and Janchor Partners-backed FirstMeridian, a human resource investment platform, completed the acquisition of RLabs, an IT staffing and consulting firm. Financial terms were not disclosed. "RLabs is one such renowned enabler with credible reputation among its marquee global clients, bringing in its deep tech knowhow of SAP stack and emerging technologies, and a very seasoned management team. RLabs will further strengthen our abilities to setup and manage Offshore Delivery Centres for our global clients besides providing traditional IT Staffing," Anurag Gupta, FirstMeridian President.

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