Investment Summary

Ascent Capital Invests In Consolidated Construction Consortium

On March 1, 2006, private equity firm Ascent Capital invested in construction company Consolidated Construction Consortium for 120M USD

Investment Highlights
  • This is Ascent Capital’s 2nd transaction in the Construction sector.
  • This is Ascent Capital’s largest (disclosed) transaction.
  • This is Ascent Capital’s 5th transaction in India.

Investment Summary
Date 2006-03-01
Target Consolidated Construction Consortium
Sector Construction
Investor(s) Ascent Capital
Deal Type Venture
Deal Value 120M USD

Target

Consolidated Construction Consortium

Chennai, India
Consolidated Construction is one of India's largest urban infrastructure services companies with extensive experience in constructing IT parks, biotech parks, industrial structures, Institutional buildings, Commercial buildings, resorts and hotels, and infrastructure projects.

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Investor(S) 1

Investor

Ascent Capital

Bangalore, India

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 600M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

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.

DEAL STATS #
Overall 5 of 32
Sector (Construction) 2 of 2
Type (Venture) 3 of 17
Country (India) 5 of 32
Year (2006) 2 of 5
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-02 Ramkrishna Forgings

Kolkata, India

Ramkrishna Forgings is a leading Indian manufacturer and exporter of open and closed die steel forgings for railways, automobile, defence, mining and general engineering customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-17 Koutons Retail India Pvt.

New Delhi, India

Koutons Retail is one of India's largest and fastest growing apparel retail chains. The company designs, manufactures and retails an impressive range of apparels through a pan Indian network of exclusive outlets under two brand names -Koutons and Charlie Outlaw.

Buy -
Mergr

Product

Company

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