M&A Deal Summary

Quess Corp Acquires Allsec Technologies

On April 18, 2019, Quess Corp acquired information technology company Allsec Technologies

Acquisition Highlights
  • This is Quess Corp’s 3rd transaction in the Information Technology sector.
  • This is Quess Corp’s 3rd transaction in India.

M&A Deal Summary

Date 2019-04-18
Target Allsec Technologies
Sector Information Technology
Buyer(s) Quess Corp
Deal Type Add-on Acquisition

Target

Allsec Technologies

Chennai, India
Allsec Technologies provides support services for inbound customer care, technology helpdesk and inbound/outbound help services. Allsec Technologies was formed in 1998 and is based in Chennai, India.

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Buyer(S) 1

Buyer

Quess Corp

Bengaluru, India

Category Company
Founded 2007
Sector Diversified
Employees371,050
Revenue 149.7B INR (2025)
DESCRIPTION

Quess is a business services provider. Quess helps large and emerging companies manage their non-core activities by leveraging our integrated service offerings across industries and geographies which provides significant operational efficiencies to our clients. Quess was founded in 2007 and is based in Bengaluru, Karnataka.


DEAL STATS #
Overall 7 of 7
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
Country: India M&A 3 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-14 Simpliance Technologies Pvt

Bengaluru, India

Simpliance Technologies Pvt Ltd. provides technology-based governance, risk and compliance solutions to organizations varying from large corporates to start-ups. The GRC tools like risk management, regulatory compliance and audit softwares optimize business performance. Simpliance also hosts India’s largest digital platform for automated Statutory Compliance Management which helps businesses comply with Indian Labour laws.

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