Investment Summary

General Atlantic Invests In Karvy Computershare

On August 4, 2017, growth capital firm General Atlantic invested in financial services company Karvy Computershare from Karvy Stock Broking and Computershare

Investment Highlights
  • This is General Atlantic’s 19th transaction in the Financial Services sector.
  • This is General Atlantic’s 87th transaction in the United States.
  • This is General Atlantic’s 1st transaction in Alabama.

Investment Summary
Date 2017-08-04
Target Karvy Computershare
Sector Financial Services
Investor(s) General Atlantic
Sellers(s) Karvy Stock Broking
Computershare
Deal Type Stake Purchase
Advisor(s) MAPE Advisory Group (Financial)
Shardul Amarchand Mangaldas & Co. (Legal)

Target

Karvy Computershare

Huntsville , Alabama, United States
Karvy Computershare is a provider of investor and issuer services for the asset management industry by offering its services through its branch network in over 200 locations. Karvy Computershare was founded in 1995 and is based in Huntsville, Alabama.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

General Atlantic

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 1980
PE ASSETS 73.0B 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 Greenwich, Connecticut.

DEAL STATS #
Overall 178 of 343
Sector (Financial Services) 19 of 30
Type (Stake Purchase) 27 of 38
State (Alabama) 1 of 1
Country (United States) 87 of 163
Year (2017) 10 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-21 Klarna

Stockholm, Sweden

Klarna offers safe and easy-to-use payment solutions to e-stores in Europe with the ambition to make e-commerce safer, simpler and more fun. At the core of Klarna's services is the concept of after delivery payment, which lets buyers receive ordered goods before any payment is due. At the same time, Klarna assumes all credit and fraud risk for e-stores so that sellers can rest assured that they will always receive their money. Klarna was founded in 2005 and is based in Stockholm, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-11 Typeform

Barcelona, Spain

Typeform is a conversational data collection platform that allows customers to create and distribute dynamic, mobile-optimized forms to collect data for a variety of business uses. Typeform was founded in 2012 and is based in Barcelona, Spain.

Buy -

Seller(S) 2

SELLER

Karvy Stock Broking

Hyderabad, India
Category Company
Founded 1990
Sector Financial Services
DESCRIPTION

Karvy Stock Broking (KSBL) is a member of the National Stock Exchange and Bombay Stock Exchange. It has over 580 offices covering over 350 cities/towns, including offices at Dubai and New York. KSBL, besides offering broking services to over 350,000 retail investors, also has a Private Client desk to cater to HNIs and Corporates and an Institutional desk to service various financial institutions both domestic and foreign. It offers trading both on the cash and derivatives segment and does an average daily turnover of approx. Rs. 1500 crores, positioning the company amongst the top brokers in the country. KSBL also has a well-qualified research team based out of Mumbai and Hyderabad. It is a key player in the Wholesale Debt Market Segment of the NSE. Karvy Stock Broking was founded in 1990 and is based in Hyderabad, India.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Stake Purchase) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-01 Karvy Computershare

Huntsville , Alabama, United States

Karvy Computershare is a provider of investor and issuer services for the asset management industry by offering its services through its branch network in over 200 locations. Karvy Computershare was founded in 1995 and is based in Huntsville, Alabama.

Buy -
SELLER

Computershare

Abbotsford, Australia
Category Company
Founded 1978
Sector Software
Employees12,646
Revenue 2.9B USD (2024)
DESCRIPTION

Computershare specializes in the provision of software solutions and professional services to the securities industry. Computershare was founded in 1978 and is based in Abbotsford, Victoria.

DEAL STATS #
Overall 5 of 6
Sector (Financial Services) 1 of 1
Type (Stake Purchase) 1 of 1
State (Alabama) 1 of 1
Country (United States) 3 of 4
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 Capital Markets Cooperative

Ponte Vedra Beach, Florida, United States

Capital Markets Cooperative LLC leverages the collective power of a nationwide network of mortgage bankers to negotiate better products, services, pricing and liquidity solutions during the processing, sale and servicing of mortgages.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-16 Equatex AG

Zurich, Switzerland

Equatex AG is a provider of international employee and executive compensation plan services for today’s global enterprise, supporting clients with participants across Europe, Asia, Australia and America. Equatex AG is based in Zurich, Switzerland.

Buy $420M
Mergr

Product

Company

Legal