ChrysCapital, True North, others pick minority stake in QuEST Global for $150m

ChrysCapital, True North, others pick minority stake in QuEST Global for $150m

Photographer: Munshi Ahmed/Bloomberg

Private equity firms ChrysCapital and True North Managers LLP along with other institutional investors have picked up a minority stake in product engineering and lifecycle services company QuEST Global for $150 million, per an announcement.

The investors have completed the purchase of a portion of the shares held by the co-founders and management team of QuEST. Existing investors Bain Capital, Advent, and GIC continue to remain invested, the company said in a statement.

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