Investment Summary

Mahindra & Mahindra Invests In Mahindra Aerospace

On March 24, 2023, Mahindra & Mahindra invested in aerospace company Mahindra Aerospace from Kotak Private Equity Group

Investment Highlights
  • This is Mahindra & Mahindra’s 1st transaction in the Aerospace sector.
  • This is Mahindra & Mahindra’s 6th transaction in India.

Investment Summary

Date 2023-03-24
Target Mahindra Aerospace
Sector Aerospace
Investor(s) Mahindra & Mahindra
Sellers(s) Kotak Private Equity Group
Deal Type Stake Purchase

Target

Mahindra Aerospace

Karnataka, India
Mahindra Aerospace is a Mahindra & Mahindra group company set up to capitalize on the opportunities in India's aerospace market. The company aims to become a globally recognized Tier-1 aero components player and manufacturer of light utility aircraft. Mahindra Aerospace was founded in 2008 and is based in Karnataka, Bengaluru.

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Investor(S) 1

Investor

Mahindra & Mahindra

Mumbai, India

Category Company
Founded 1945
Sector Automotive
Employees324,000
Revenue 1.56T INR (2025)
DESCRIPTION

Mahindra & Mahindra is a multinational automobile manufacturing corporation. It is a vehicle manufacturers by production in India and the largest seller of tractors across the world. Mahindra & Mahindra was founded in 1945 and is based in Mumbai, Maharstra.


DEAL STATS #
Overall 9 of 9
Sector: Aerospace M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: India M&A 6 of 6
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-10 Peugeot Motocycles

Mandeure, France

Peugeot Motocycles is a motorcycles and scooter manufacturer. Peugeot Motocycles was founded in 1898 and is based in Mandeure, France.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-14 Centre for Sight

New Delhi, India

Centre for Sight offers eye care services, including cataract surgery, LASIK and Smile treatments, treatments for retinal issues and glaucoma, oculoplasty, as well as paediatric eye care. Centre for Sight was founded in 1996 and is based in New Delhi, India.

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Seller(S) 1

SELLER

Kotak Private Equity Group

Mumbai, India

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 1.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Kotak Private Equity Group (KPEG) is the private equity investment arm of financial services firm, Kotak Mahindra Group. KPEG looks to invest $20 to $40 million in a variety of mid-sized Indian companies to support expansion, acquisitions, or buyouts KPEG targets businesses with strong management and growth potential operating in fragmented industries. Sectors of interest include life science, retail, media/entertainment, light manufacturing, agriculture, food processing, healthcare, distribution, and IT/software. Kotak is based in Mumbai.


DEAL STATS #
Overall 18 of 18
Sector: Aerospace M&A 1 of 1
Type: Stake Purchase M&A Deals 3 of 3
Country: India M&A 17 of 17
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 Prolifics

Orlando, Florida, United States

Prolifics is a specialised Information Technology (IT) company offering Business and Technology Integration Solutions ("BTIS"), Independent Validation and Verification Services ("IVV") and Application Services. Prolifics was founded in 1978 and is based in Orlando, Florida.

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