With $1 billion, Apax leads in race for Quest Global stake2 min read . Updated: 16 Jan 2023, 10:40 AM IST
In 2016, Advent, Bain and Singapore’s sovereign fund GIC paid around $350 million to buy shares in Quest from Warburg Pincus and other small investors.
Private equity firm Apax Partners has emerged as the frontrunner to acquire a stake in engineering services provider Quest Global Services Pte Ltd, two people with knowledge of the development said.
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