Leading Global investors buy minority stake in QuEST Global
– ChrysCapital, True North Managers LLP, and other Institutional Investors invest a total of approximately US $150 million in the company
BENGALURU, India, Aug. 23, 2021 /PRNewswire/ — QuEST Global, a global product engineering and lifecycle services company, announced that leading global investors – ChrysCapital, True North Managers LLP, and other institutional investors – have invested a total of approximately US $150 million to purchase minority stakes in the Company. The investors have completed the purchase of a portion of the shares held by the co-founders and management team of QuEST. The existing investors – Bain Capital, Advent, and GIC, continue to remain invested. O3 Capital acted as the sole financial advisor to the transaction.
Commenting on the investment in QuEST, Sudip Nandy, Sr. Advisor. Enhancin, ChrysCapital, said, “ChrysCapital has a strong track record…