Onsite Electro Services Pvt. Ltd. agreed to acquire Qdigi Services Limited from Quess Corp Limited (NSEI:QUESS) for INR 800 million on February 6, 2024. The transaction is subject to customary closing adjustments. As of March 31, 2024, Qdigi Services Limited generated revenue of INR 3.8 billion and net worth of INR 343.8 million. As part of the transaction, the entire team and business of Qdigi will be transferred to Onsite Electro Services Pvt. Ltd. The transaction is subject to mutually agreed conditions. The transaction has been approved by the Board of Directors of Quess Corp Limited. The transaction is expected to be completed over the next 2-3 months. Abhishek Dubey of TriLegal Partners advised Onsitego. Suvojit Halder of Cyril Amarchand Mangaldas advised Quess Corp on the transaction while Ernst & Young acted as financial advisor for Quess Corp Limited.

Onsite Electro Services Pvt. Ltd. completed the acquisition of Qdigi Services Limited from Quess Corp Limited (NSEI:QUESS) on April 1, 2024.