M&A Deal Summary

Actis Capital Acquires Rx Propellant

On May 23, 2022, private equity firm Actis Capital acquired internet software and services company Rx Propellant

Acquisition Highlights
  • This is Actis Capital’s 3rd transaction in the Internet Software and Services sector.
  • This is Actis Capital’s 24th transaction in India.

M&A Deal Summary
Date 2022-05-23
Target Rx Propellant
Sector Internet Software and Services
Buyer(s) Actis Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Rx Propellant

Hyderabad, India
website
Rx Propellant is a platform focused on providing real estate solutions (R&D labs and associated facilities) to tenants in the life sciences and related sectors. Rx Propellant was founded in 2020 and is based in Hyderabad, India.

Search 193,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Actis Capital

London, United Kingdom

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2004
PE ASSETS 24.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Actis Capital is a private equity firm focused on investments in emerging markets. Actis segments its investment activity into three areas. These include private equity, energy, and real estate. Actis' private equity team looks for buyout and growth capital opportunities requiring at least $50 million in financing. Depending on the situation, Actis will consider both controlling and minority investment situations. Sectors of interest include financial services, consumer and retail, business services, and industrial. Actis' energy group seeks to invest in in a variety of energy and utility projects. Actis' real estate team invests equity capital in office, residential, industrial, hotel and retail projects. Actis Capital was established in 2004 and is based in London.

DEAL STATS #
Overall 140 of 143
Sector (Internet Software and Services) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 41 of 42
Country (India) 24 of 24
Year (2022) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-29 Sprng Energy

Pune, India

Sprng Energy is a renewable energy platform that develops and manages renewable energy facilities such as solar and wind farms and infrastructural assets. Sprng Energy was founded in 2017 and is based in Pune, India.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-06 Omega Energia

São Paulo, Brazil

Omega Energia is a generator of renewable energy in Brazil and wants to transform the world through clean, cheap, and simple energy. The company has focused on technology for constant improvement in the performance of our energy generation, which today makes us a reference in the market and in international quality parameters. It launched the first digital platform in Brazil for the purchase and management of energy, thus promoting market disruption, making a previously complex process simple and fast. Omega Energia was formed in 2008 and is headquartered in São Paulo.

Buy -
Mergr

Product

Company

Legal