Quest Global

Carlyle to acquire minority stake in Quest Global at $2 bn valuation

The percentage of stake acquired by Carlyle and Prabhu was not disclosed as part of the announcement

Carlyle to acquire minority stake in Quest Global; Bain, Advent to exit

Ajit Prabhu, chairman and chief executive officer of Quest Global, will acquire an additional stake in the company

Quest Global plans to double India headcount to 20,000 in next 3-5 years

Quest Global is also betting on semiconductor chip design and fabrication machinery

True North acquires minority stake via own fund in Accion Group for $93 mn

Accion Labs is focused on digital transformation in global enterprises and tech firms. It has more than 4,800 employees globally, spread over 20 locations

ChrysCapital, True North Managers and others invest $150 mn in QuEST Global

The existing investors - Bain Capital, Advent, and GIC, continue to remain invested. O3 Capital acted as the sole financial advisor to the transaction

QuEST Global acquires Synapse Design to boost semiconductor business

This acquisition will enable QuEST's vision to grow its semiconductor business, add at least 2,000 engineers in the next four years

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

Investors pick up $350-mn stake in QuEST Global

Bain Capital, GIC, Advent buy out Warburg Pincus, some angel-stage investors