HTMT eyes four buyouts to boost BPO

Hinduja TMT Global Solutions is planning four buyouts in the range of $20-$100 million (about Rs 80-400 crore). The BPO arm of the Hinduja group hopes to wrap up at least one deal by the end of the third quarter of this fiscal.The Rs 580-crore company has over $100 million (Rs 400 crore) of surplus cash to fund the acquisitions. The companies That HTMT has its eyes on are in India and in the US.

These mid-sized acquisitions would strengthen its call centre operations and introduce vertical capabilities such as research, analytics and consulting which will take the company up the value chain with such high-skill services. HTMT currently has a voice to non-voice ratio of 75:25.

Partha Sarkar, chief financial officer of HTMT Global Solutions, said, "These verticals are high-value addition work and will allow us access to new opportunities."