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PE-backed Updater Services strikes second acquisition this year

By Bruhadeeswaran R

  • 20 Sep 2019
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PE-backed Updater Services strikes second acquisition this year
Credit: 123RF.com

Updater Services Pvt. Ltd (UDS), which is backed by Motilal Oswal Private Equity, has acquired a majority stake in a New Delhi-based facility management services company. UDS acquired a 76% equity stake in Washroom Hygiene Services Pvt. Ltd (WHC) held by promoter group Dr JPS Bakshi and Gurminder Kaur Bakshi. The ......

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