Bain Capital/GIC/Advent International $350 million acquisition of QuEST Global

Overview:

• Bain Capital, GIC and Advent International have acquired a minority stake in QuEST Global for approximately $350 million.
• The pure-play engineering and research and development services provider, QuEST, is valued at around $1 billion.
• The company itself has acquired Kerala-based NeST Software and Germany's EDF in the past year.
• The transaction marks the second private equity exit in QuEST after Carlyle Group, which was bought out by the management in 2007. 

Katrin Kostadinova - Data analyst