Investment Summary

Goldman Sachs Merchant Banking and Warburg Pincus Invest In Piramal Realty

On July 21, 2015, private equity firms Goldman Sachs Merchant Banking and Warburg Pincus invested in real estate company Piramal Realty

Investment Highlights
  • This is Goldman Sachs Merchant Banking’s 1st and Warburg Pincus’ 12th transaction in the Real Estate sector.
  • This is Goldman Sachs Merchant Banking’s 4th and Warburg Pincus’ 28th transaction in India.

Investment Summary

Date 2015-07-21
Target Piramal Realty
Sector Real Estate
Investor(s) Goldman Sachs Merchant Banking
Warburg Pincus
Deal Type Growth Capital

Target

Piramal Realty

Mumbai, India
Piramal Realty is an Indian real estate developer that has over 16 million square feet under development in prime areas of Mumbai. Piramal Realty is part of the Piramal Group, one of India’s leading conglomerates with interests in healthcare and life sciences, financial services and real estate. Piramal Realty is based in Mumbai, Maharashtra.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Investor(S) 2

Investor

Goldman Sachs Merchant Banking

New York, New York, United States

Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 155.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.


DEAL STATS #
Overall 114 of 189
Sector: Real Estate M&A 1 of 3
Type: Growth Capital M&A Deals 12 of 30
Country: India M&A 4 of 6
Year: 2015 M&A 10 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-14 CallMiner

Waltham, Massachusetts, United States

CallMiner helps businesses and organizations improve contact center performance and gather key business intelligence by automating their ability to listen to every customer interaction. CallMiner offers real-time monitoring and post-call analytics, delivering actionable insights to contact center staff, business analysts, and executives. CallMiner was founded in 2002 and is based in Waltham, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-23 LeasePlan

Amsterdam, Netherlands

LeasePlan is a global provider of automotive fleet management and driver mobility services. Leaseplan operates in 32 countries and manages a fleet of over 1.55 million vehicles representing a total asset value of €21.4bn. LeasePlan was founded in 1963 and is based in Amsterdam, Netherlands.

Buy €3.7B
Investor

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1966
PE ASSETS 83.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.


DEAL STATS #
Overall 280 of 492
Sector: Real Estate M&A 12 of 20
Type: Growth Capital M&A Deals 87 of 159
Country: India M&A 28 of 49
Year: 2015 M&A 15 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-25 Terra

Houston, Texas, United States

Terra is an E&P company focused on low risk, low decline natural gas assets with operational and development upside in established onshore basins. Terra was founded in 2015 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-24 AmRest

Madrid, Spain

AmRest operates and manages quick service and casual dining restaurants. AmRest was founded in 1993 and is based in Madrid, Spain.

Sell -