Sold to Management • Building Materials

Elephant Capital Exits Nitco

On March 17, 2015, invested in building materials company Nitco from Elephant Capital

Investment Context
  • This is transaction in the Building Materials sector.
  • This is transaction in India.

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Investment Summary

Date March 17, 2015
Target Nitco
Sector Building Materials
Sellers(s) Elephant Capital
Deal Type Sold to Management

Target Company

Nitco

Mumbai, India
Nitco Limited manufactures and sells various tile products in India and internationally.
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Seller Profile 1

SELLER

Elephant Capital


Category Private Equity Firm
Founded 2007
PE ASSETS 58M GBP
Size Small
Type Sector Agnostic
DESCRIPTION

Elephant Capital is a private equity firm focused on opportunities in India. The Firm looks to invest $10 to $20 million per transaction and will consider both public and private companies. Elephant Capital does not have any sector preferences and generally seeks businesses that will benefit from India's young but aging demographics. Elephant Capital was established in 2008 and has offices in London and Delhi.


Deal Context for Seller #
Overall 1 of 1
Sector: Building Materials 1 of 1
Type: Sold to Management 1 of 1
Country: India 1 of 1
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-29 Air Works

Gurgaon, India

Air Works is an independent provider of Aviation Maintenance, Repair, and Overhaul (MRO) services in India and Aircraft Paint and Refinishing in the UK. Air Works was founded in 1951 and is based in Gurgaon, Haryana.

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