NCS to acquire ARQ Group from Quadrant Private Equity for $217m.

NCS, a multinational information technology and communications engineering company headquartered in Singapore, agreed to acquire ARQ Group, a fast-growing digital services firm, from Quadrant Private Equity, an Australian private equity investment firm, for $217m. "Joining the NCS family is a tremendous opportunity to continue growing the business as it now allows us to go international and serve regional clients besides capturing more domestic market share by leveraging synergies within NCS. We are well primed for expansion, having grown our government footprint to over a third of our business, acquired many new customers and hired 300 new talents on board. We intend to keep optimising NCS’ world-class IT and digital capabilities to keep building innovative solutions for our clients," Tristan Sternson, ARQ CEO.