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Quess Corp inks definitive agreements to acquire 46% stake in Heptagon Technologies

23 Jun 2017 Evaluate

Quess Corp has signed the definitive agreements on June 21, 2017, to acquire 46% equity in Heptagon Technologies. The acquisition will be on cash consideration and total investment is Rs 9.77 crore for acquiring 46% stake. Heptagon Technologies is a niche software company working with machine learning and automation technologies.

Quess Corp is one of India’s leading integrated business services providers focused on emerging as the preferred partner for handling end-to-end business functions of its clients. The company offers comprehensive solutions including recruitment, temporary staffing, technology staffing, IT products and solutions, skill development, payroll, compliance management, integrated facility management and industrial asset management services.


Peers
Company Name CMP
SIS 421.00
Quess Corp 360.00
TeamLease Services 1195.15
Bluspring Enterprise 135.80
BLS Internatl. Serv. 226.15
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