Firstsource Solutions , a leading provider of Business Process Management (BPM) services, announced the acquisition of Quintessence Business Solutions and Services (QBSS) . This strategic move strengthens Firstsource's position in the market and expands its service offerings. Details of the Acquisition While the official announcement did coincide with Firstsource's Q4 earnings, specific details about the acquisition are limited. We do know that Firstsource acquired QBSS for ₹328 crore (approximately $40 million). What does QBSS bring to the table? QBSS's Quintessence is a medical billing and coding company that offers end-to-end RCM services, Firstsource's focus on BPM solutions across various sectors like healthcare, communications, and finance, we can expect QBSS's capabilities to be complementary. Potential benefits of the acquisition for Firstsource Enhanced service portfolio: QBSS's integration could introduce new service offerings to Firstsource