FirstMeridian, a human resources investment platform set up by Samaara Capital, Goldman Sachs and Janchor Partners, has fully acquired an IT-focussed staffing firm set up by a seasoned technology services entrepreneur. The Bengaluru-based company has bought a 100% stake in CBSI India Pvt Ltd, which is the domestic entity of the larger CBSI.

FirstMeridian has absorbed the talent acquisition and staffing unit of Cornucopia, which serves pharmaceutical and healthcare firms in India. The firm's existing business and the associated team will now become part of V5 Global, which is a FirstMeridian portfolio Company.

Human resources service platform FirstMeridian has appointed Amitabh Jaipuria as President with effect from April 2019. 

Jaipuria, who was the President and CEO of Global Services at Quess Corp before joining FirstMeridian, is going to be responsible for growth of General Staffing, Managed & Allied Services portfolio of the FirstMeridian Group through both organic and inorganic route. 

First Meridian, a human resources investment platform, has acquired a third firm within four months of its launch, two people...

First Meridian, an HR investment platform of private equity firm Samara Capital, Goldman Sachs and Janchor Partners, has made its first acquisitions of staffing firms Innovsource Services and V5 Global Services for an undisclosed amount, Manish Mehta, managing director of the PE company, told VCCircle...