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Product engineering and lifecycle services company QuEST Global, announced that global investors - ChrysCapital, True North Managers LLP, and other institutional investors – have invested $150 million for a minority stake in the company.
The investors have brought 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.
This transaction values the company at $1.8 billion. QuEST Global had revenue of $600 million for FY21, compared to $700 million in FY20. The company has
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