Investment Summary

General Atlantic Invests In Indusind Bank

On February 28, 2011, growth capital firm General Atlantic invested in financial services company Indusind Bank

Investment Highlights
  • This is General Atlantic’s 8th transaction in the Financial Services sector.
  • This is General Atlantic’s 7th transaction in India.
Investment Fate
  • Indusind Bank was sold to a financial buyer in 2014.

Investment Summary

Date 2011-02-28
Target Indusind Bank
Sector Financial Services
Investor(s) General Atlantic
Deal Type PIPE

Target

Indusind Bank

Mumbai, India
IndusInd Bank is a private bank delivering a broad range of banking and financial services to both consumers and corporations in India. IndusInd Bank was founded in 1994 and is based in Mumbai, Maharashtra.

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Investor(S) 1

Investor

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 87 of 364
Sector: Financial Services M&A 8 of 32
Type: PIPE M&A Deals 6 of 13
Country: India M&A 7 of 25
Year: 2011 M&A 3 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-20 Kaspersky Lab ZAO

Moscow, Russia

Kaspersky Lab is one of the fastest growing IT security vendors worldwide. Today it is firmly positioned as one of the world’s top four leading antivirus vendors*. Kaspersky Lab continues to further improve its market position, demonstrating higher growth rates than the market in general.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-26 ServiceSource

Denver, Colorado, United States

ServiceSource is a global outsourced go-to-market services provider that accelerates B2B digital sales and customer success transformation. The company's expert sales professionals, data-powered insights, and proven methodologies scale and reimagine customer journey experiences (CJX) into profitable business outcomes. It drives billions of dollars in client value annually, conducting commerce in 45 languages and 175 countries. ServiceSource International was founded in 1999 and is based in Denver, Colorado.

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