Bengaluru: International non-public fairness corporations ChrysCapital, True North and others have invested $150 million in QuEST Global for a minority stake within the engineering options supplier. The buyers bought a portion of shares held by QuEST’s cofounders and administration workforce, the corporate stated on Monday.
Current buyers Bain Capital, Creation and GIC stay invested within the firm, it added. “The funding by three of probably the most revered international buyers, regardless of the continuing pandemic disaster, is a testomony to our potential to construct and develop our enterprise to develop into probably the most trusted pondering associate to prospects,” stated Ajit Prabhu, chairman and CEO of QuEST International.
QuEST has a workforce of over 11,000 folks, of which 7,000 are situated throughout its 9 centres in India.
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