SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

TeamLease Services to acquire 100% stake in Evolve Technologies

16 Oct 2017 Evaluate

TeamLease Services has signed a definitive agreement to acquire 100% shares in Evolve Technologies through its wholly owned subsidiary, TeamLease Staffing Services. The transaction, which will be immediately accretive to TeamLease’s earnings per share, will be financed through existing financial resources.  

The transaction remains subject to customary closing conditions and regulatory approvals and is expected to close by the end of November 2017. Evolve will continue to operate as a separate and independent entity post acquisition.

TeamLease Services is one of India’s leading providers of human resource services in the organized segment delivering a broad range of human resource services to various industries with a vision of putting India to work.

TeamLease Services Share Price

1278.00 39.70 (3.21%)
20-Apr-2026 12:38 View Price Chart
Peers
Company Name CMP
Quess Corp 195.60
SIS 321.65
TeamLease Services 1278.00
Bluspring Enterprise 65.00
Updater Services 162.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×