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New Delhi, Dec. 8 Quatrro said it is scouting for acquisitions in Europe and the US to expand its product line. The company is looking at about half a dozen “opportunities”.

“It is an exciting environment as far as pricing is concerned. We are looking at half a dozen opportunities, which of them matures first, I can’t say,” Mr Raman Roy, Chief Executive Officer and Chairman of Quatrro, said on the sidelines of a CII event.

He said Quatrro was hopeful of completing at least one buy-out in the current fiscal. “We are looking for acquisition in our existing domains such as legal, healthcare and insurance. We have a minimum of $300 million commitment available to us,” he said.

He said that the bid in one case was over $300 million. “We will go for structured transactions,” he said.

In July this year, Quatrro acquired over 60 per cent stake in Babel Media.

Quatrro invested in the company along with DE Shaw group. Babel, founded in 1999, is one of the pioneers of outsourcing in the games industry. At the time the investment was announced, Babel employed over 500 staff with offices in Brighton (UK), Los Angeles, Montreal and New Delhi, providing comprehensive games-focused localisation, QA, certification, audio and print services across all platforms.

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