Singapore-based Quest International was arrange by its current chairman Ajit Prabhu and CEO Aravind Melligeri in 1997. Its purchasers embody giants comparable to Airbus, BMW, P&W, Rolls-Royce, Siemens and GE. It has a multi-disciplinary crew of 17,500 engineers, throughout 67 supply centres and workplaces, in 17 nations.
As a part of this transaction, Quest International will repurchase its firm shares and Ajit Prabhu will purchase an extra stake within the agency. “Carlyle was the primary early-stage personal fairness investor in Quest International, and we’re proud to companion once more,” mentioned Amit Jain, MD of Carlyle India Advisors. Jain added that Quest International will profit from the rising give attention to elevated outsourcing and disruptive expertise developments throughout industries. Bain Capital, Creation and Singapore sovereign wealth fund GIC collectively purchased a minority stake in Quest International for $350 million in 2016.
