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PE-backed Updater Services buys smaller firm with higher margins to diversify biz

By Bruhadeeswaran R

  • 01 May 2019
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PE-backed Updater Services buys smaller firm with higher margins to diversify biz
Credit: Thinkstock

Updater Services Pvt. Ltd, which is backed by Motilal Oswal Private Equity, has acquired a majority stake in an outsourcing firm with an eye on diversifying its offerings as a business support services provider. The integrated facility management firm said in a statement that it has bought a 75% stake in ......

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