M&A Deal Summary |
|
|---|---|
| Date | 2024-04-01 |
| Target | Fincare |
| Sector | Financial Services |
| Buyer(s) | AU Small Finance Bank |
| Sellers(s) |
SIDBI Venture Capital
LeapFrog Investments Motilal Oswal Private Equity Advisors TA Associates Kotak Mahindra |
| Deal Type | Merger |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Financial Services |
| Employees | 50,946 |
| Revenue | 105.4B INR (2025) |
AU Small Finance Bank is a diversified Non-Banking Finance Company (NBFC) focusing on secured retail lending across four segments - commercial vehicles, Small & Medium Enterprise (SME), Micro SME (MSME), and affordable housing loans. AU Small Finance Bank was founded in 1996 and is based in Jaipur, Rajasthan.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| Country: India M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1999 |
| Size | Small |
| Type | Sector Agnostic |
SIDBI Venture Capital Limited is a private investment firm that seeks growth oriented investment opportunities across India. In addition to early stage company commitments, SIDBI Venture will also consider growth investments in businesses with a track record of proven technology or business model. Sectors of interest include life sciences, retailing, light engineering, food processing, information technology, infrastructure related services, healthcare, logistics and distribution. SIDBI Venture Capital was formed in 1999 and is based in Mumbai.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| Country: India M&A | 5 of 5 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-27 |
Serosoft
Indore, India Serosoft helps educational institutions including universities, colleges, schools to track the entire student lifecycle, assess students and analyse results and their progress, bringing the stakeholders across the ecosystem on one platform. Serosoft was founded in 2008 and is based in Indore, India. |
Buy | - |
LeapFrog Investments is a private equity firm focused on opportunities across Asia and Africa. The Firm looks to invest $10 to $50 million per transaction to fund high-growth, financial services and healthcare businesses operating in fast growing markets. LeapFrog is an active investor and looks to support portfolio companies with operations, sales, human resources, and other core business functions. LeapFrog Investments was formed in 2007 and is headquartered in Ebene, Mauritius.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 10 |
| Sector: Financial Services M&A | 4 of 4 |
| Type: Merger M&A Deals | 1 of 1 |
| Country: India M&A | 4 of 4 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-06 |
Redcliffe Labs
Noida, India Redcliffe Labs is an affordable and convenient omni-channel diagnostics service operating across 14 cities in India. The company facilitates at-home diagnostics for more than 3500 medical tests through their network of 350 mobile phlebotomists, supported by 21 state-of-the-art labs and overseen by experienced pathologists. Redcliffe Labs was founded in 2018 and is based in Noida, Uttar Pradesh. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-04 |
Syn Mun Kong Insurance
Bangkok, Thailand Syn Mun Kong Insurance is a general insurer. Syn Mun Kong Insurance was founded in 1951 and is based in Bangkok, Thailand. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 1.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Motilal Oswal Private Equity Advisors is the private equity arm of Motilal Oswal Financial Services Limited, a diversified financial services group. Motilal Oswal Private Equity Advisors looks to invest in and acquire mid-sized growth oriented companies throughout India. The Firm targets businesses in need of capital to to expand into new geographies and products. Motilal Oswal Private Equity Advisors was established in 2006 and is headquartered in Mumbai.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| Country: India M&A | 6 of 6 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-22 |
Dairy Day
Bengaluru, United States Dairy Classic Ice Creams is an ice cream company selling under brand name ‘Dairy Day’. It has one manufacturing location and is distributed to 18,000+ retail stores via 120+ distributors. Dairy Classic Ice Creams is based in Bengaluru, Karnataka. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1968 |
| PE ASSETS | 65.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 255 of 260 |
| Sector: Financial Services M&A | 31 of 31 |
| Type: Merger M&A Deals | 7 of 7 |
| Country: India M&A | 10 of 10 |
| Year: 2024 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-21 |
SER Group
Bonn, Germany SER Group is a European enterprise content management solutions (ECM) software company. SER began as a provider of electronic archiving and has grown into a supplier of state-of-the-art ECM solutions to companies throughout Europe. SER Group was founded in 1984 and is headquartered in Bonn, Germany. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-16 |
Priority
Rosh Haayin, Israel Priority is a fully-integrated, comprehensive ERP software solution serving a wide spectrum of industries and organizations, including multi-national and multi-lingual corporations. Its main modules include: finance, manufacturing, logistics, human resources, time and attendance, payroll, business intelligence, project management and customer service and support. Priority was founded in 1986 and is based in Rosh Haayin, Israel. |
Sell | - |
Headquartered in Mumbai, India, Kotak Mahindra Bank is a financial services conglomerate with business interests in: retail and commercial banking, brokerage services, investment banking, auto financing, asset management services and life insurance services. The group has more than 6,000 employees in its various businesses and has a distribution network of branches, franchisees, representative offices and satellite offices across 216 cities and towns in India and offices in New York, London, Dubai and Mauritius.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| Country: India M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-07 |
Fincare
Bengaluru, India Fincare enables financial inclusion of the underbanked base of pyramid, mass retail and micro & small enterprise segments. Fincare was founded in 2007 and is based in Bengaluru, Karnataka. |
Buy | - |
