Quess Corp (Quess) has entered into a definitive agreement to acquire a 49% stake in Terrier Security Services (India) (Terrier), marking its entry into the manned guarding and security solutions business. With a track record of over 27 years, Terrier is among the leading providers of manned guarding services in India. In addition, Terrier also provides training services for security personnel and electronic security solutions to clients.
Terrier has a pan India footprint with presence across 14 states spanning 60 cities. The company has over 400 clients including marquee names in the Information Technology, Engineering and Automobile Sectors and a deployed head count of over 16,000 guards as on 31st August, 2016.
Closing of the transaction is subject to, fulfillment of certain conditions precedent set out in the agreement between the parties to the satisfaction of Quess, and statutory and regulatory approvals.
| Company Name | CMP |
|---|---|
| Quess Corp | 197.10 |
| SIS | 323.35 |
| TeamLease Services | 1238.30 |
| Bluspring Enterprise | 66.79 |
| Updater Services | 161.15 |
| View more.. | |
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