India-based staffing firm FirstMeridian Business Services Ltd. is planning further acquisitions to expand into new segments such as engineering staffing, finance and accounting outsourcing, and legal staffing besides enhancing presence in existing segments, reports The Hindu. Citing group CEO Sudhakar Balakrishnan. “Our acquisition strategy is aimed at deepening and broadening our expertise and offerings across our business lines and expanding the geographical coverage of our offerings,” Balakrishnan said. “Post our incorporation in 2018, we have acquired seven companies and have integrated them well into our system. Most important thing according to me is people integration,” Balakrishnan added. In February 2022, FirstMeridian announced that it completed its acquisition of RLabs, an IT staffing and consulting firm. FirstMeridian backed by Janchor, Goldman Sachs and Samara Capital had filed preliminary papers with capital markets regulator SEBI in May this year to raise INR 8 billion (USD 103.3 million) through an initial public offering (IPO).