Page 6 - Quest Global News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Equity for transaction will come from funds managed and advised by entities affiliated with Carlyle Asia Partners

According to sources, the buyout fund Carlyle Asia Partners will invest $500 million to acquire 28% stake in Quest Global Services at $1.8 bn valuation. Carlyle will buy out the existing investors Bain Capital, Advent Capital and GIC.

/PRNewswire/ -- Global investment firm Carlyle (NASDAQ: CG) and Quest Global, one of the world's leading engineering services firms, today announced they have...

HONG KONG (Reuters) -U.S. private equity firm Carlyle Group has agreed to purchase a minority stake in Quest Global Services that values the engineering outsourcing firm at $2 billion, two people with knowledge of the matter told Reuters. Carlyle on Tuesday announced that the firm and Singapore-headquartered Quest Global had entered an agreement on the transaction, which will be funded by equity from Carlyle's funds in Asia and financing from banks, without disclosing any financial details. Quest Global investors Bain Capital and Advent International will exit in the transaction, while ...

By Kane Wu HONG KONG (Reuters) -U.S. private equity firm Carlyle Group has agreed to purchase a minority stake in Quest Global Services that values the ...