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
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
Category Company
Founded 2000
Sector Staffing
Employees1,937
Revenue 93.2B INR (2024)
DESCRIPTION

TeamLease is a 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
Mergr

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