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New Deal


Announced

HCL Technologies to acquire Quest Informatics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

aftermarket services

Acquisition

Private

IT Services: Other

Domestic

Pending

Friendly

India

internet of things

Synopsis

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HCL Technologies, a global technology company, agreed to acquire Quest Informatics, a company specializing in the aftermarket domain that helps clients transform their aftermarket operations and their customer experience, revamp their legacy business models to stay relevant and competitive in the digital era. Financial terms were not disclosed. "HCL Technologies' global reach and expertise combined with Quest Informatics' deep domain knowledge will help accelerate product innovation and drive a global reach for continued growth. The acquisition will create synergies and enable meaningful engagements with customers in the end-to-end digital aftermarket space," Rudresh Basavarajappa, Quest CEO & Chairman.

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