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Private equity firm Arq Group s 300pc tech company transformation

Save Share A year on from Quadrant Private Equity’s acquisition of beleaguered tech services company Arq Group, the business has become an end-to-end digital transformation technology provider and had its earnings quadruple. The business is virtually unrecognisable compared with the one Quadrant acquired as part of a consortium for $35 million, with chief executive Tristan Sternson saying it had “retired” its former data centre operations, as well as some of its consulting practices. Arq Group CEO Tristan Sternson says the company has been completely transformed since it was acquired by Quadrant.  Arsineh Houspian Instead, Arq Group has bulked up its skills in cloud, data science, artificial intelligence and digital technologies for mobile and web applications.

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