M&A Deal Summary

LeapFrog Investments Acquires Ascent Meditech

On July 17, 2018, growth capital firm LeapFrog Investments acquired medical products company Ascent Meditech

Acquisition Highlights
  • This is LeapFrog Investments’ 1st transaction in the Medical Products sector.
  • This is LeapFrog Investments’ 8th transaction in India.

M&A Deal Summary

Date 2018-07-17
Target Ascent Meditech
Sector Medical Products
Buyer(s) LeapFrog Investments
Deal Type Buyout (LBO, MBO, MBI)

Target

Ascent Meditech

Mumbai, India
Ascent Meditech is a provider of consumer healthcare products. Ascent's flagship brand of products - "FLAMINGO" - sells in more than 40 countries across the globe, primarily in the Middle East, Africa, and Southeast Asia. Ascent Meditech was founded in 1991 and is based in Mumbai, India.

Search 205,615 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

Buyer(S) 1

DESCRIPTION

LeapFrog Investments is a private equity firm focused on opportunities across Asia and Africa. The Firm looks to invest $10 to $50 million per transaction to fund high-growth, financial services and healthcare businesses operating in fast growing markets. LeapFrog is an active investor and looks to support portfolio companies with operations, sales, human resources, and other core business functions. LeapFrog Investments was formed in 2007 and is headquartered in Ebene, Mauritius.


DEAL STATS #
Overall 23 of 33
Sector (Medical Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 2
Country (India) 8 of 10
Year (2018) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-27 Petra Trust

Accra, Ghana

Petra Trust is a company set up to provide trustee services to Ghanaian employers and individuals under the Pension Act 2008. Petra Trust was founded in 2011 and is based in Accra, Ghana.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-26 Pyramid Group

Dar es Salaam,, Tanzania

Pyramid Group is an African distributor of specialist medical equipment and health products, Pyramid Group is combating a lack of access to medical resources and overburdened healthcare systems in Africa, as well as an increasing prevalence of diseases such as cancer and diabetes. Pyramid Group was founded in 2001 and is based in Dar es Salaam, Tanzania.

Buy -