KKR, Bain, others vie for mid-cap investment in aero-focused Quest Global
Bain Capital, ChrysCapital, Kohlberg Kravis Roberts & Co., and Warburg Pincus are said to be competing to make an up-to $75 million investment in aeroengineering and manufacturing consultancy Quest Global - a unique scenario, as such global funds have not historically vied to make mid-cap investments in India.
According to local reports citing sources close to the deal, Quest is looking to raise between $50-75 million by October, some to be used for settling debt - about $20 million worth - while $30 million...
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