Quess Corp: The company has completed the additional acquisition of 25 percent equity shares in Terrier Security Services (India) Private Limited.
Quess Corp has increased stakeholding in Terrier Security Services (India). The board of Quess increase its stake in Terrier Security Services from 49% to now 74%, reported VC Circle.
Quess Corporation Limited acquired 1.25 lakh equity shares of TSSIPL for INR 64.5 crore, agency quoted the company’s stock-exchange filing.
Quess Corp can now control over operations which will help the company to complete its integrated facility management solutions.
TSSIPL, which was initiate in 1989, currently operates in more than 14 states in India.
Terrier Security Services continues rapid growth with healthy customer acquisition and focus on integrated man tech solutions with a common digital platform.