Carlyle backs Quest Global, Bain, Advent exit
The Carlyle Group has agreed to acquire a significant minority stake in Singapore-based engineering services company Quest Global, facilitating exits for Bain Capital and Advent International.
Financial details were not disclosed. The transaction is said to value the company at around USD 2bn, according to various regional media outlets. The Economic Times said Carlyle paid USD 500m for a 28%...
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