M&A Deal Summary

TeamLease Acquires ASAP Info Systems Pvt.

On July 4, 2016, TeamLease acquired staffing company ASAP Info Systems Pvt. for 10M USD

Acquisition Highlights
  • This is TeamLease’s 1st transaction in the Staffing sector.
  • This is TeamLease’s largest (disclosed) transaction.
  • This is TeamLease’s 1st transaction in India.

M&A Deal Summary
Date 2016-07-04
Target ASAP Info Systems Pvt.
Sector Staffing
Buyer(s) TeamLease
Deal Type Add-on Acquisition
Deal Value 10M USD

Target

ASAP Info Systems Pvt.

Bengaluru, India
website
ASAP Info Systems Pvt. Ltd. is a staffing company. ASAP offers specialized manpower services to the CMM Level 5 companies in India. ASAP focuses on helping the customer in meeting very critical EAS resource requirement and offers a unique business opportunity to the partner / customers to save cost and hassle of getting into the complexity of sourcing and training.

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Buyer(S) 1

Buyer

TeamLease

Bengaluru, India

website

Category Company
Founded 2000
Sector Staffing
Employees1,937
Revenue 64.8B INR (2022)
DESCRIPTION

TeamLease is the largest staffing company in India, with employees in over 800 cities. It is also a leading Permanent Staffing company and has tied up with employment exchanges across 10 states in India. TeamLease was founded in 2002 and is based in Bengaluru, India.

DEAL STATS #
Overall 1 of 5
Sector (Staffing) 1 of 3
Type (Add-on Acquisition) 1 of 4
Country (India) 1 of 5
Year (2016) 1 of 2
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-20 Nichepro Technologies Pvt.

Bangalore, India

Nichepro Technologies Pvt. Ltd. is a staffing provider to reputed MNC’S and niche product companies. Nichepro was established in 2008 and is headquartered in Bangalore, India.

Buy Rs30M
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