Quess Corp (Quess) has signed definitive agreements to acquire Comtel Solutions, Singapore, on February 06, 2017. Last year in October, the company had entered into a binding agreement to acquire a majority stake in Comtel, marking the companys entry into the Technology Staffing domain in Singapore. Quess would initially acquire 64% in Comtel while the balance would be acquired in a phased manner over FY18-20.
Comtel is one of Singapores largest independent staffing companies with services offered across staffing solutions, managed services solutions, and recruitment and search services with operations across Malaysia and Indonesia. Comtel serves more than 60 clients, including marquee names in BFSI, Engineering and IT sectors.
Quess Corp is one of Indias leading integrated business services providers focused on emerging as the preferred partner for handling end-to-end business functions of its clients. The company offers comprehensive solutions including recruitment, temporary staffing, technology staffing, IT products and solutions, skill development, payroll, compliance management, integrated facility management and industrial asset management services.