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Facility Management in Bhubaneswar

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Owners, investors plan to exit Dusters Total Solutions.

Admin - Posted on: 20/May/2016

Investors and promoters of Bengaluru-based facility management services provider Dusters Total Solutions have put up the company on sale. The company, which is backed by TVS Capital, is being valued at $45-50 million, said three people with direct knowledge of the development. TVS Shriram Growth Fund, a fund managed by TVS Capital, had invested Rs 58 crore in the company for a 51 per cent stake in two tranches in 2009 and 2010. The promoters, Shamsher Puri and Jasmer Puri, own rest of the stake in the company.

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