QuEST Global may spend $200 mn in making large acquisition, plans expansion

QuEST, incepted as a Bengaluru-based company before shifting the headquarters to Singapore, has set a target of achieving $1 bn in revenues by FY21 as a part of its 2020 plan

After a series of tuck-in acquisitions in the digital space, engineering services company QuEST Global is looking at making a large acquisition as it pushes to achieve a revenue target of $1 billion by FY21. 

The company, which is backed by global private equity majors such as Bain Capital, GIC and Advent International, said the acquisition size could be as big as $200 million and give it a strong foothold in client geography apart from helping expand its portfolio of services, especially in the digital space. 

“With the backing of the kind of investors we have, we could be easily