M&A Deal Summary

Quest Global Services Acquires EXB Solutions

On September 1, 2022, Quest Global Services acquired software company EXB Solutions

Acquisition Highlights
  • This is Quest Global Services’ 1st transaction in the Software sector.
  • This is Quest Global Services’ 3rd transaction in the United States.
  • This is Quest Global Services’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2022-09-01
Target EXB Solutions
Sector Software
Buyer(s) Quest Global Services
Deal Type Add-on Acquisition

Target

EXB Solutions

Plymouth, Minnesota, United States
EXB Solutions is a provider of systems and software engineering solutions for organizations delivering mission and safety critical applications and products. EXB Solutions is based in Plymouth, Minnesota.

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Buyer(S) 1

Buyer

Quest Global Services

Singapore , Singapore
Category Company
Founded 1997
Sector Information Technology
DESCRIPTION

Quest Global Services is a global engineering solutions provider with a proven track record of serving the product development & production engineering needs of high technology companies. Quest Global Services was founded in 1997 and is based in Singapore.

DEAL STATS #
Overall 10 of 12
Sector (Software) 1 of 1
Type (Add-on Acquisition) 9 of 11
State (Minnesota) 1 of 1
Country (United States) 3 of 4
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-29 Synapse Design

Santa Clara, California, United States

Synapse Design is a design and engineering services provider to top-tier semiconductor and systems companies worldwide. The company creates end-to-end hardware/software design solutions targeting Artificial Intelligence/Machine Learning/Data Center/IoT, automotive/autonomous, multimedia, mobile, networking, and communications/storage applications. Synapse Design was founded in 2003 and is based in Santa Clara, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-03 Adept Chip Services

Bangalore, India

Adept Chip Services is a product design house with robust capabilities in the semi-conductor, automotive, and hi-tech verticals. Adept Chip Services is based in Bangalore, India.

Buy -
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