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VSS Closes Investment in Quatrro Business Support Services
Tuesday 08 October 2019

8 October 2019 - US-based investment firms VSS and Trivest Partners have closed their investment in Quatrro Business Support Services, a provider of tech-enabled business process outsourcing services, the firms said.

Financial terms of the private transaction were not disclosed.

CM Sharma, founder of CHM Ventures and a BPO industry veteran who has now taken over as chief executive officer of the company, has invested alongside VSS and Trivest to retain a minority ownership in the business.

Headquartered in Marietta, Georgia, QBSS serves small and medium-sized businesses across North America and global enterprise customers across North America and Europe.

Founded in 2008, the company provides an integrated portfolio of BPO services, including accounting, finance, billing, human resources, payroll, tax, IT help desk, technical support, and other back-office services to a wide range of industries.

QBSS's unique capabilities have enabled its customers to experience excellent process and operational improvements in their businesses, while reducing operating costs.

The company has significant experience supporting multi-unit restaurant and retail operations for franchise operators, as well as non-profit organizations, hospitals and other businesses. QBSS's customers are supported by over 750 dedicated employees and delivery centers and offices across Atlanta, Chicago, Illinois, St. Paul, Minnesota, and India.

QBSS continues to build out its seamless, end-to-end billing support services to support companies in different industries, including the quick service and fast casual restaurant market where many franchised restaurants are customers.

VSS is a private investment firm that invests in the information, education, healthcare, and tech-enabled business services industries.

Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada in both control and non-control transactions.
Details
Date Published: 08/10/2019
Target: Quatrro Business Support Services
Country: USA
Sector: Business and Consumer Services
Type: JV
Financing: Cash
Status: Closed
Vendor:
Buyer: VSS and Trivest Partners
Comment:
Terms of the deal were not disclosed

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