Quad-C’s Investment in Canadian IT staffing firm S.i. Systems

Khaitan & Co advised Quad-C Management, Inc. (Quad-C) on the Indian leg of the transaction.

Quad-C Management, Inc. (“Quad-C”), a leading middle market private equity firm, has closed an investment in S.i. Systems, a leading IT staffing company in Canada.

Founded in 1994, S.i. Systems is the largest IT staffing company headquartered in Canada. The company’s founder and CEO, Derek Bullen, maintains a significant ownership position and continues to lead S.i. Systems as CEO following the Quad-C investment.

Terms of the investment were not disclosed.

Khaitan & Co advised Quad-C Management, Inc. with a team including Mayank Singh (Picture), Nidhi Killawala, Akhil Sharma, Bhavna Pattanaik (M&A) Shailendra Bhandare, Sourav Dan (IP&IT) and Tushaar Talwar (Tax).

Involved fees earner: Shailendra Bhandare – Khaitan & Co.; Mayank Singh – Khaitan & Co.; Tushaar Talwar – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Quad-C Management, Inc. ;