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TeamLease Services inks definitive agreements to acquire School Guru

08 Nov 2017 Evaluate

TeamLease Services has signed definitive agreements to acquire initially 40% stake in School Guru Eduserve (School Guru), a company incorporated under Companies Act, 1956. The transaction remains subject to customary closing conditions and regulatory approvals and is expected to close before the end of November 2017. School Guru will continue to operate as a separate and independent entity.

School Guru is India’s premier technology-led specialized academic services organization established in 2012. The company partner with Indian Universities to help them provide premium Online and Virtual courses for their students.

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.

Peers
Company Name CMP
SIS 418.30
Quess Corp 341.10
TeamLease Services 1172.95
Bluspring Enterprise 144.95
BLS Internatl. Serv. 224.25
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