Multiples to acquire a majority stake in QBurst for $200m.

Multiples, a private equity firm, agreed to acquire a majority stake in QBurst, a global software development and consulting company, for $200m. “My co-founders, Binu Dasappan, Ansar Shihabudeen, and I have built QBurst with a focus on innovation and excellence. In Multiples, we have found a partner who not only shares our values but also brings the strategic prowess and ability to accelerate our aspirations. While we are proud of transforming QBurst from a startup into a global digital engineering force over the past two decades, I believe our partnership with Multiples will help us achieve something extraordinary in the years ahead,” Prathapan Sethu, QBurst Co-Founder.