M&A Deal Summary |
|
|---|---|
| Date | 2015-09-25 |
| Target | NSE India |
| Sector | Financial Services |
| Buyer(s) |
Beacon India Private Equity Fund
Encourage Capital Kotak Private Equity Group Elevation Capital ChrysCapital NewQuest Capital Partners TA Associates |
| Sellers(s) |
General Atlantic
Actis Capital Temasek Holdings |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 200M USD |
| Size | Small |
| Type | Sector Agnostic |
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 | 7 of 7 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| Country: India M&A | 7 of 7 |
| Year: 2015 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-09-28 |
Indostar Capital
Mumbai, India Indostar Capital is a Non-Banking Financial company focused on collateralized lending to Indian corporate clients. Indostar Capital was founded in 2006 and is based in Mumbai, Maharashtra. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-19 |
RBL Bank
Mumbai, India RBL Bank operates as a scheduled commercial bank. It is continuously expanding its presence across India through a growing network of branches and ATMs. RBL Bank was established in 1943 and is based in Mumbai, Maharashtra. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2014 |
| PE ASSETS | 250M USD |
| Size | Small |
| Type | Sector Agnostic |
Encourage Capital is an impact investment and advisory firm specializing in profitable and strategic investments to solve critical environmental and social problems. Encourage Capital was formed in December 2014 through the combination of Wolfensohn Fund Management, LP and EKO Asset Management Partners, LLC. Encourage Capital was formed in 2014 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector: Financial Services M&A | 6 of 6 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| Country: India M&A | 5 of 5 |
| Year: 2015 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-23 |
Ujjivan
Bengaluru, India Ujjivan is the holding company of Ujjivan Small Finance Bank, which is focused on providing loan and savings products to the unserved and underserved population. Ujjivan serves over 3.5 million customers through its network of pan India branch network. Ujjivan was founded in 2016 and is based in Bengaluru, India. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-03 |
EP Carbon
Berkeley, California, United States EP Carbon is a technical consulting and development services for forest carbon offset projects throughout the United States and around the world. EP Carbon is based in Berkeley, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 1.4B USD |
| Size | Large |
| Type | Sector Agnostic |
Kotak Private Equity Group (KPEG) is the private equity investment arm of financial services firm, Kotak Mahindra Group. KPEG looks to invest $20 to $40 million in a variety of mid-sized Indian companies to support expansion, acquisitions, or buyouts KPEG targets businesses with strong management and growth potential operating in fragmented industries. Sectors of interest include life science, retail, media/entertainment, light manufacturing, agriculture, food processing, healthcare, distribution, and IT/software. Kotak is based in Mumbai.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 26 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| Country: India M&A | 25 of 26 |
| Year: 2015 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-02 |
ING Vysya Bank
Bengaluru, India ING Vysya Bank is one of the oldest private sector banks in India with an 81 year long history offering a wide variety of wholesale, retail and private banking products and services over two million customers. ING is amongst the top 10 largest private sector banks in India in terms of deposits and advances. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-09 |
Diamond Power Infrastructure
Ahmedabad, India Diamond Power Infrastructure is a fully integrated power solutions company that manufactures transmission and distribution equipment and provides turnkey EPC services. The company's comprehensive portfolio of products includes power cables, power and distribution transformers, transmission and distribution conductors and transmission towers. Diamond Power Infrastructure was founded in 1970 and is based in Ahmedabad, Gujarat. |
Sell | - |
| Category | Venture Capital Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Elevation Capital is a private investment firm focused on growth capital investments in Indian companies. The Firm will consider opportunities at all growth-oriented stages. Sectors of interest include information technology, internet, mobile, consumer products, consumer services, healthcare, clean technolgy, education, agriculture, financial services, and manufacturing. Elevation Capital was formed in 2002 and is based in Gurgaon, India.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 17 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| Country: India M&A | 15 of 15 |
| Year: 2015 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-09 |
Manpasand Beverages
Vadodara, India Manpasand Beverages is a manufacturer and marketer of fruit drinks and has carved a niche for itself with its strong presence in Tier II and rural markets in India. Manpasand offers several flavours of fruit drink under the brand names “SIP” and “Fons”. Manpasand Beverages was founded in 1997 and is based in Vadodara, India. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-10 |
Edelweiss Financial Services
Mumbai, India Edelweiss Financial Services is an Indian domestic brokerage house and is fast emerging as a diversified financial services conglomerate. Edelweiss Financial Services was founded in 1995 and is based in Mumbai, Maharashtra. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 5.0B USD |
| Size | Large |
| Type | Sector Agnostic |
ChrysCapital Management Co. is a private investment firm focused on opportunities in India. ChrysCapital looks for companies with revenues of $50 million to $1 billion and can commit up to $250 million of equity per transaction. Target sectors include business services, consumer goods and services, financial services, healthcare and pharmaceuticals. Prospective transactions include growth investments in private and listed companies, special situations, co-investments, and management buyouts/buy-ins. ChrysCapital was formed in 1999 and is based in Port Louis, Mauritius.
| DEAL STATS | # |
|---|---|
| Overall | 35 of 54 |
| Sector: Financial Services M&A | 10 of 13 |
| Type: Secondary Buyout M&A Deals | 1 of 3 |
| Country: India M&A | 29 of 45 |
| Year: 2015 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-11 |
Infogain
Los Gatos, California, United States Infogain is a provider of front-end, customer-facing technologies, processes, and applications in the USA, Europe, the Middle East, Asia Pacific, and India. The Company offers solutions for the high-tech, retail, and insurance verticals in areas such as software product engineering, service automation, and mobility. Infogain was founded in 1990 and is based in Los Gatos, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-02 |
Aragen Life Sciences
Hyderabad, India Aragen Life Sciences is a provider of outsourced discovery, development, and manufacturing services across both large and small molecule platforms. Aragen Life Sciences was founded in 2001 and is based in Hyderabad, Telangana. |
Buy | - |
| Category | Secondary Investor |
|---|---|
| Founded | 2011 |
| PE ASSETS | 2.6B USD |
| Size | Large |
| Type | Sector Agnostic |
NewQuest Capital Partners is a secondary investor focused on providing liquidity to private equity asset owners. The Firm acquires private equity positions directly through portfolio and single asset transactions and can also partner with managers to provide liquidity to limited partners. NewQuest Capital Partners was formed in 2011 from the spin out of Bank of America Merrill Lynch’s Asian Private Equity team. The Firm is based in Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 2 |
| Country: India M&A | 2 of 2 |
| Year: 2015 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-01 |
Sapphire Foods
Mumbai, India Sapphire Foods is a franchisee operator of the US fast-food giant Yum Brands. Sapphire Foods operates 437 KFC, Pizza Hut, and Taco Bell restaurants in India, Sri Lanka, and the Maldives. Sapphire Foods was incorporated in 2009 and is based in Mumbai, Maharashtra. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-01 |
Integreon
Charlotte, North Carolina, United States Integreon is a provider of legal, document, business and research support (aka Grail Research) solutions to leading law firms, corporate legal departments, corporate marketing, and strategy groups, financial institutions and professional services firms. Integreon was founded in 1998 and is based in Charlotte, North Carolina. |
Buy | - |
| 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 | 233 of 374 |
| Sector: Financial Services M&A | 35 of 51 |
| Type: Secondary Buyout M&A Deals | 23 of 74 |
| Country: India M&A | 7 of 16 |
| Year: 2015 M&A | 11 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-15 |
Mitratech
Bee Cave, Texas, United States Mitratech is a provider of corporate legal process automation and compliance management software to Fortune 1000 companies. Mitratech’s unified platform enables open, flexible enterprise and extra price collaboration in high-liability corporate operations. Mitratech was founded in 1987 and is based in Bee Cave, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-08 |
Russell Investments
Seattle, Washington, United States Russell Investments is a global investment solutions partner, dedicated to improving people's financial security in a variety of ways. Russell Investments was founded in 1936 and is based in Seattle, Washington. |
Buy | $1.2B |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 105.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 74 of 166 |
| Sector: Financial Services M&A | 7 of 19 |
| Type: Secondary Buyout M&A Deals | 12 of 26 |
| Country: India M&A | 6 of 13 |
| Year: 2015 M&A | 6 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-16 |
Immunocore
Abingdon, United Kingdom Immunocore is a late-stage biotechnology company focused on the development of a novel class of TCR bispecific immunotherapies called ImmTAX, Immune mobilizing monoclonal TCRs Against X disease, designed to treat a broad range of diseases, including cancer, infectious, and autoimmune. Immunocore was founded in 1999 and is based in Abingdon, England. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-14 |
Amount
Chicago, Illinois, United States Amount is a financial technology company born out of disruption and built for speed. Amount partner with banks and financial institutions to rapidly digitize their financial infrastructure and optimize growth opportunities in the modern world of banking. Amount is based in Chicago, Illinois. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 26.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 92 |
| Sector: Financial Services M&A | 7 of 10 |
| Type: Secondary Buyout M&A Deals | 10 of 17 |
| Country: India M&A | 14 of 21 |
| Year: 2015 M&A | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-01 |
Coricraft
Cape Town, South Africa Coricraft is a home furnishings retailers. Coricraft is based in Cape Town, South Africa. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-26 |
Sigma Pension
Abuja, Nigeria Sigma Pension is a Pension Fund Administrator (“PFA”) in Nigeria. Sigma Pension was founded in 2004 and is based in Abuja, Nigeria. |
Buy | - |
| Category | Sovereign Wealth Fund |
|---|---|
| Founded | 1974 |
| PE ASSETS | 434.0B SGD |
| Size | Mega |
| Type | Sector Agnostic |
Temasek Holdings is a state-owned investment holding company. Temasek is owned by the government of Singapore and invests directly and indirectly in a broad range of assets and sectors. Target sectors include financial services, telecommunications, media, technology, transportation, industrials, life science, consumer, real estate, energy, and resources. Temasek was formed in 1974 and is based in Singapore.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 20 |
| Sector: Financial Services M&A | 2 of 3 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| Country: India M&A | 1 of 4 |
| Year: 2015 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-23 |
Alvogen
Pine Brook, New Jersey, United States Alvogen is a multinational pharmaceuticals company focused on developing, manufacturing, and distributing generic, brand, over-the-counter brands (OTC), and biosimilar products. Alvogen was founded in 2009 and is based in Pine Brook, New Jersey. |
Buy | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-20 |
SMRT
Singapore, Singapore SMRT is a public transport operator responsible for running Singapore’s rail network. The company oversees multiple train lines and supports them with bus, taxi, and private-hire vehicle services. SMRT is based in Singapore. |
Buy | S$1.2B |
