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New Deal


Announced

Completed

Onsitego to acquire Qdigi Services from Quess.

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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India

Single Bidder

maintenance services

Maintenance Repair and Overhaul (MRO)

installation services

Private Equity

repair services

Friendly

Acquisition

Majority

Private

Domestic

Completed

Synopsis

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Onsitego, a device care services provider, completed the acquisition of Qdigi Services, an installation, repair, and maintenance services to leading OEMs, from Quess, a business services provider. Financial terms were not disclosed. “Onsitego has been a leader in the protection plan business owing to its excellent customer service. Over the past decade, we have been able to build a strong service network. The acquisition of Qdigi will further add to our service capabilities and market offerings. While we will expand Qdigi’s existing relationships, we are also looking to target new OEM partners and retailers to accelerate growth. I am sure together we will be able to create India’s largest and the most customer-obsessed service company," Kunal Mahipal, Onsitego Founder & CEO.

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