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World Leading Investors Buy QuEST Global Minority Shares

Bangalore (Karnataka) [India], August 23 (ANI / PR Newswire): QuEST Global, a global product engineering and lifecycle services company, brings together leading global investors Chrys Capital, True North Managers LLP, and other institutional investors. Announced that it has invested US $ 150 million. Buy our minority shares. Investors have completed the purchase of some of the shares held by QuEST’s co-founders and management. Existing investors Bain Capital, Advent and GIC continue to invest. O3 Capital was the only financial adviser to this transaction.

Supid Nandy, Senior Advisor, commenting on investing in QuEST. Enhancin of Chrys Capital said: “Chrys Capital has a solid track record of investing in more than 20 investments in the technology services sector, which is an integral part of the fund’s entire portfolio. We look forward to supporting Ajit and QuEST’s executive team and of Ajit and QuEST. We look forward to supporting our executive team. “QuEST is one of the top five players in the pure ERD space and has built its own deep expertise in an industry that is undergoing unprecedented digital destruction. As a leader in engineering services, QuEST has provided its customers with strategic services, not just scale and cost differences. I was very impressed with the depth of our engineering professionals. , Diverse industries and emerging technologies that QuEST supports its customers. We believe that ERD Space will continue to grow and innovate significantly and look forward to working with QuEST management to seize these opportunities. “We are,” said Prasad Thrikutam, a partner at True North.

Ajit Prabhu, Chairman and CEO of QuEST Global, said: This is a testament to our ability to build and grow our business to become the most trusted thinking partner for our customers. We also believe in us on this journey and embody the value we have created for our partner shareholders and employees. “Additionally, as industry returns to its pre-pandemic era, companies need help from companies like QuEST, bridging the gap between industry and the digital world and rebuilding lost traction. “Our focus is to work with other industries to develop features in the high-tech, software and digital segments to help our customers solve their engineering challenges,” he said. ..

As pandemics are accelerating digital transformation across the industry, companies are investing heavily in digital solutions to lead and leverage this wave of software product engineering. QuEST is a trusted thinking partner for our customers, helping them solve some of the most difficult problems they face by creating new products, opening up new market opportunities and maximizing efficiency. The company also offers employees the opportunity to learn and grow indefinitely, develop their expertise, collectively fulfill their aspirations and experience a rewarding journey.

This story is provided by PR Newswire. ANI is not responsible for the content of this article. (ANI / PRNewswire)

World Leading Investors Buy QuEST Global Minority Shares

Source link World Leading Investors Buy QuEST Global Minority Shares

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