Investment Summary

Warburg Pincus Invests In boAt

On January 5, 2021, private equity firm Warburg Pincus invested in electronics company boAt

Investment Highlights
  • This is Warburg Pincus’ 1st transaction in the Electronics sector.
  • This is Warburg Pincus’ 41st transaction in India.

Investment Summary

Date 2021-01-05
Target boAt
Sector Electronics
Investor(s) Warburg Pincus
Deal Type Growth Capital

Target

boAt

Mumbai, India
boAt is a manufacturer of audio devices with an attractive offering of wide-ranging, quality and aspirational lifestyle-focused consumer products at accessible price points. boAt’s product range includes an extensive catalogue of headphones, earphones, smartwatches, speakers, travel chargers & premium cables, with Indian consumers’ desires and preferences at the core of its design. boAt was founded in 2013 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

Investor(S) 1

Investor

Warburg Pincus

New York, New York, United States

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 435 of 485
Sector (Electronics) 1 of 1
Type (Growth Capital) 143 of 159
Country (India) 41 of 49
Year (2021) 2 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Aquila Air Capital

New York, New York, United States

Aquila Air Capital is a specialty finance platform focused on providing asset financing in partnership with industry participants as well as purchasing and leasing aircraft, engines and other aviation equipment. Aquila Air Capital is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-07 Independence Resources Management

Houston, Texas, United States

Independence Resources Management is a private oil and gas exploration and production company targeting onshore oil and gas acquisition and plays extension opportunities in known producing areas in the Permian Basin of the United States. Independence Resources Management LLC was founded in 2014 and is based in Houston, Texas.

Sell $182M