Ascent Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Ascent Capital has invested in 3 companies.

Ascent Capital’s most common sectors for investment arefinancial services (13%) and e-commerce (10%) . The Firm’s most common investment types include venture (54%) and growth capital (22%). Its largest (disclosed) acquisition occurred in 2006 when it acquired Consolidated Construction Consortium for $120M.

In the last 3 years, Ascent Capital has exited 2 companies. The Firm’s most common exit type is trade sale (34%). Ascent Capital’s largest (disclosed) exit occurred in 2008 when it sold Excelsoft Technologies Pvt. for $2M.

Join Mergr to view Ascent Capital’s full profile and discover more middle-market private equity firm investors just like it.

M&A Summary

  • M&A Total Activity41
    • M&A Buy Activity32
    • M&A Sell Activity9
  • Total Sectors Invested 23
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 14

Ascent Capital

16th Floor, UB City, #24 Vittal Mallya Road,
Bangalore, 560001
India
+91 80 3055 1230
www.ascentcapital.in
info@ascentcapital.in

Ascent Capital is a private equity firm focused on growth capital investments in promising Indian companies driven by 'visionary leadership'. In addition to providing growth financing, Ascent also helps young companies attract senior management talent and maintain high standards of corporate governance in preparation for an exit. Ascent invests in the range of $10 - $30 million per transaction. Ascent prefers investing in sectors that leverage India's outsourcing strengths, benefit form the country's infrastructure boom, and address a growing consumer market. Ascent Capital was formed in 2000 and is based in Bangalore.


Investment Criteria

Sectors of Interest: Business Services, Construction, Consumer Products, E-Commerce, Electrical Equipment, Electronics, Energy Services and Equipment, Financial Services, Food, Information Technology, Infrastructure, Life Science, Machinery, Manufacturing, Marketing, Media, Oil/Gas Exploration, Renewable Energy, Retail, Software

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Venture

Geographic Preferences: Central Asia/India

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 10 30
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.2/yr) # 26 3 3 - - - 32
vol $220M $220M
Sell (0.4/yr) # 7 - 2 - - - 9
vol $3M $3M
  41

Most Recent M&A

Company Date Value Type
Acko General Insurance Ltd. 2021-10-28 - Venture
Bangalore, India · www.acko.com
Robosoft Technologies 2021-08-10 - Trade Sale
Udupi, India · www.robosoftin.com
CRMNEXT 2021-07-08 - Venture
Noida, India · www.crmnext.com
Supermarket Grocery Supplies Pvt. Ltd. 2021-05-28 - Trade Sale
Bangalore, India · www.bigbasket.com
MyGlamm 2021-03-18 - Venture
Mumbai, India · www.myglamm.com
Freshtohome Foods Private Ltd. 2020-10-27 - Venture
Bangalore, India · www.freshtohome.com
Cure Fit Healthcare Pvt. Ltd. 2020-03-23 - Venture
Bangalore, India · www.cult.fit
Naari Pharma Pvt. Ltd. 2020-02-04 - Growth Capital
Bangalore, India · www.naari.co
Newgen Software Technologies Ltd. 2018-01-16 - IPO
New Delhi, India · www.newgensoft.com
People Combine Avenues Ltd. 2016-11-29 - Stake Sale
Hyderabad, India · www.peoplecombine.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Financial Services 1 (10%) - 4 (13%) 5M (2%)
Information Technology 1 (10%) - 3 (9%) 662K (< 1%)
E-Commerce 2 (20%) - 3 (9%) -
Construction 1 (10%) - 2 (6%) 120M (55%)
Retail - - 2 (6%) -
Energy Services and Equipment - - 1 (3%) 65M (30%)
Medical Products 1 (10%) 15M (85%) 1 (3%) 15M (7%)
Infrastructure - - 1 (3%) 7M (3%)
Electrical Equipment - - 1 (3%) 3M (1%)
Healthcare Services 1 (10%) 3M (15%) 1 (3%) 3M (1%)
Renewable Energy - - 1 (3%) 2M (1%)
Business Services - - 1 (3%) -
Consumer Products - - 1 (3%) -
Consumer Services 1 (10%) - 1 (3%) -
Education - - 1 (3%) -
Insurance 1 (10%) - 1 (3%) -
Internet Software and Services - - 1 (3%) -
Life Science 1 (10%) - 1 (3%) -
Machinery - - 1 (3%) -
Manufacturing - - 1 (3%) -
Marine - - 1 (3%) -
Marketing - - 1 (3%) -
Software - - 1 (3%) -
Total 10 $17M 32 $220M

Acquisitions By Geo

State/Country Current # Value All-time # Value
India 10 (100%) 17M (100%) 32 (100%) 220M (100%)
Total 10 $17M 32 $220M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Venture 5 (50%) - 17 (53%) 128M (58%)
Growth Capital 3 (30%) 15M (85%) 7 (22%) 15M (7%)
Buyout (LBO, MBO, MBI) - - 5 (16%) 75M (34%)
Stake Purchase 2 (20%) 3M (15%) 3 (9%) 3M (1%)
Total 10 $17M 32 $220M

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 2 (22%) 2M (44%)
IPO 2 (22%) -
Stake Sale 2 (22%) -
Trade Sale 2 (22%) -
Secondary Sale 1 (11%) 2M (56%)
Total 9 $3M

Deal Values

buy # Total
$100M to $1B 1 $120M
< $100M 8 $100M
TOTAL $220M
Largest Consolidated Construction Consortium Ltd.
$120M (2006-03-01)
sell # Total
< $100M 2 $3M
TOTAL $3M
Largest Excelsoft Technologies Pvt. Ltd.
$2M (2008-04-24)

M&A Connections

Deals
Acquired from
Investor(s)
3%
1 (3%)
Exited to
Strategic(s)
33%
3 (33%)

Investor Summary

Investor Type

Private Equity Firm

Size

Middle-Market

PE Assets

600M USD

Established

2000

Specialist/Generalist

Generalist

Leadership

Raja Kumar

Founder & CEO

Ajay Mittal

Founding Member & Partner

A. P. Vasantha Kumar

Founding Member & Partner

Subhasis Majumder

Partner

Sunil Kolangara

Partner

FAQ

When was Ascent Capital founded?

Ascent Capital was founded in 2000.

What type of investor is Ascent Capital?

Ascent Capital is a private equity firm.

Where is Ascent Capital headquartered?

Ascent Capital is headquartered in Bangalore, India.

How much capital does Ascent Capital have under management?

Ascent Capital has 600M USD under management.

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