Investment Summary

The Blackstone Group and Beacon India Private Equity Fund Invest In NCC

On August 28, 2007, private equity firms The Blackstone Group and Beacon India Private Equity Fund invested in construction company NCC

Investment Highlights
  • This is The Blackstone Group’s 1st and Beacon India Private Equity Fund’s 1st transaction in the Construction sector.
  • This is The Blackstone Group’s 3rd and Beacon India Private Equity Fund’s 1st transaction in India.
Investment Fate
  • NCC was sold to a consortium of financial buyers in 2016.

Investment Summary

Date 2007-08-28
Target NCC
Sector Construction
Investor(s) The Blackstone Group
Beacon India Private Equity Fund
Deal Type Stake Purchase

Target

NCC

Hyderabad, India
NCC is an infrastructure construction company focused on providing EPC services. In the infrastructure sector, NCC builds building, housing and industrial structures, water treatment plants / pipelines, transport infrastructure, i.e., highways, flyovers, bridges, elevated railroads, electrification projects and irrigation projects. It also has a real estate division. NCC was founded in 1978 and is based in Hyderabad, India.

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Investor(S) 2

Investor

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 394.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.


DEAL STATS #
Overall 116 of 364
Sector: Construction M&A 1 of 3
Type: Stake Purchase M&A Deals 29 of 50
Country: India M&A 3 of 19
Year: 2007 M&A 10 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-21 Gokaldas

Bengaluru, India

Gokaldas is a manufacturer of a range of garments for men, women, and children. Gokaldas was founded in 1979 and is based in Bengaluru, Karnataka.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-25 Biomet

Warsaw, Indiana, United States

Biomet, Inc. is a designs and manufactures orthopedic medical devices and other products used primarily by surgeons and medical specialists, with distribution in over 70 countries and a product portfolio that encompasses orthopedic joint replacement products, dental reconstructive implants, fixation devices, spinal products and other applications.

Buy $11.4B
Investor
DESCRIPTION

Beacon India is a private equity group focused on emerging businesses in India. The Firm looks to be an active investor in building long-term value with its portfolio companies. Broad areas of interest include infrastructure, consumer services, business services, financial services, healthcare and manufacturing. Beacon India was formed in 2006 and is based in Mumbai.


DEAL STATS #
Overall 1 of 7
Sector: Construction M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: India M&A 1 of 7
Year: 2007 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-21 Vatika Group

Gurgaon, India

Vatika Group (Vatika) is a leading Gurgaon focused developer with one of the largest integrated township under development in the 2020 Gurgaon Master Plan. In addition, it has developments in Jaipur, Ambala, and Faridabad.

Buy -