Articles tagged with: AZB & Partners
AZB acts on India leg of US Informatica buy of Canada’s AllSight
REDWOOD CITY, California: Informatica, the enterprise cloud data management leader, today announced it has acquired AllSight Inc., the Toronto startup and customer insights market innovator, to bring expanded business-user engagement to the Informatica Intelligent Data Platform, powered by the CLAIR...
AZB acts for IFC on loan facility to Bangladesh’s Dhaka Bank
“Dhaka Bank to get $55m from IFC for expansion: Dhaka Bank has recently signed $55 million facilities agreements with International Finance Corporation,” reported The Daily Star . AZB & Partners advised International Finance Corporation (IFC) led by a team of partners Gautam Saha and Pallavi Me...
AZB acts on $90m NIIF investment in HDFC Capital real estate platform
“NIIF invests Rs 660 cr in HDFC Capital realty platform: NIIF’s Fund of Funds has invested Rs 660 crore in HDFC’s real estate investment platform HDFC Capital Affordable Real Estate – 2 (H-CARE 2). The investment is done along with a wholly-owned subsidiary,” reported Hindu Business Line . AZB &...
AZB assists OYO on $600m fundraise entry to unicorn-land
“Oyo Rooms checks into unicorn club with $1 billion fundraise: Existing investors including SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners have put in $800 million, with commitments for another $200 million,” reported Mint . AZB & Partners advised Oravel Stays Private Lim...
AZB acts on Quest’s sale of India business to Bangalore’s Strand Life
“Quadria-backed Strand Life to acquire Quest Diagnostics’ India business: Bengaluru-based Strand Life Sciences Pvt. Ltd has agreed to acquire the India medical diagnostics business of New York Stock Exchange-listed Quest Diagnostics Inc,” reported VCCircle . AZB & Partners advised Quest Diagnos...
AZB acts on Shell 26% stake buy in Hazira LNG & Port
“Shell Gas B.V., a subsidiary of Royal Dutch Shell plc, said on Monday that it has entered into an agreement with Total Gaz Electricité Holdings France to acquire its 26% equity in the Hazira LNG and Port in Gujarat. The company did not disclose financial details of the deal. The agreement is subjec...
AZB acts on $100m IFC investment in Bain-Piramal Resurgent fund
“IFC makes LP commitment to Bain-Piramal’s $1 bn India Resurgent Fund: International Finance Corporation (IFC), the private sector investment arm of the World Bank, is coming in as a Limited Partner (LP) in India Resurgent Fund, which has a mandate to acquire distressed…,” reported VCCircle . AZB ...
AZB acts Singapore’s Symple Wellness buy of Pune’s AllizHealth health analytics platform
“Singapore’s Symple Wellness acquires Mumbai Angels-backed AllizHealth: Singapore health-tech firm Symple Wellness Platform Pvt. Ltd, which operates under the Vivant brand, has acquired Pune-based wellness and health analytics platform AllizHealth,” reported VCCircle . AZB & Partners advised th...
AZB, ELP acts for SolarArise on first India investment by ThomasLloyd
“ThomasLloyd buys into solar power producer SolarArise in first India deal: European investment firm ThomasLloyd Group has acquired a stake in Delhi-based solar energy producer SolarArise India Projects,” reported VCCircle . AZB & Partners advised SolarArise India Projects Private Limited led b...
SAM for Fractal Analytics on $200m cash injection by AZB-advised PE fund Apax, with Lathams, Kirkland, NDA, Trilegal, Veritas
“Apax Funds invests $200 million in Fractal Analytics: The investment from Apax Funds values Fractal Analytics, a data analytics firm, at about $500 million,” reported Mint . Shardul Amarchand Mangaldas advised Fractal Analytics Private Limited, a provider of artificial intelligence and analytics so...
Veritas, CAM, P&A, AZB steer Samara-Amazon $590m acquisition of Birla More supermarket through choppy waters, CCI
“Samara-Amazon to acquire ABRL’s More: The transaction is said to be valued at around Rs4,200 crore,” reported Mint . “Private equity firm Samara Capital along with Amazon.com Inc., the world’s largest online retailer, have agreed to buy Aditya Birla group’s food and grocery retail chain, More, for ...
AZB assists Nykaa on $15.8m investment by Luthra’s Lighthouse
“Lighthouse invests $15.8m for minority stake in Nykaa, TVS Shriram exits: Earlier this year, Nykaa had raised Rs 160 crore through primary and secondary share sale with the participation of existing investors for growth capital and to expand retail footprint,” reported Dealstreetasia . AZB & P...
AZB, SAM act on $19.5m Rabo investment in LT Foods, Nature-Bio Foods
“Rabo Equity Advisors invest Rs 140 crore in LT Food’s organic business: Rabo Equity had also infused $10 million in LT Foods, the listed parent of NBFL in 2009,” reported Mint . AZB & Partners advised LT Foods Limited and Nature-Bio Foods Limited led by a team of partners Daksh Trivedi and law...
AZB acts on $88m TPG investment in RR Kabel
“TPG, a global alternative asset firm, announced on Thursday that it has acquired a significant minority stake in R R Kabel Limited, one of the leading building wires and low-voltage cables manufacturers in India, the investor said in a statement. The PE firm is investing over Rs 6 billion, accordin...
AZB acts on TCS buy in London design studio W12
“TCS makes first digital acquisition with design studio W12. Tata Consultancy Services said it acquired design company W12 Studios for an undisclosed sum, the Indian technology leader’s first digital buyout that should help the country’s most valuable company get a bigger share of the global digital...
AZB, ELP, D&D K Law act on Samara $78.5m buy of IEP’s Spoton Logistics
Express logistics company Spoton has been acquired by a consortium of investors led by homegrown private equity fund Samara Capital and Xponentia Fund Partners for Rs 550 crore in cash. Spoton’s acquisition is a part of Samara’s plan to create a retail ecosystem that the Mauritius-based PE firm woul...
AZB acts on $120m sale of Brazilian Gerdau’s Indian steel mine subsidiary of to PE funds
metadesc: Brazilian natural resources player Gerdau sold its participation in Spanish company Gerdau Hungria KFT Y CIA Sociedad Regular Colectiva, which owns 98.89% of Gerdau Steel India Ltd shares, to Blue Coral Investment Holdings and Mountainpeak Investment Holdings Ltd (a special purpose vehicle...
Veritas’ NephroPlus buys AZB-advised DaVita Care
“PE-backed dialysis chain NephroPlus acquires DaVita Care India: Dialysis chain NephroPlus Health Services Pvt. Ltd has acquired DaVita Care India Pvt. Ltd, marking another consolidation activity,” reported VCCircle . AZB & Partners advised DaVita Care Pte Ltd led by a team of partners Srinath ...
AZB works $210m Ageas Insurance acquisition of Royal Sundaram
“Ageas to acquire 40% stake in Royal Sundaram for Rs 15.2 billion: Royal Sundaram is one of the top 10 players in the general insurance market with strong positions in motor and health insurance,” reported Business Standard . AZB & Partners advised Ageas Insurance International N.V. led by a te...
AZB acts on $832m Tata Power buy of Jaypee’s distressed Prayagraj Power
“Tata Power-backed firm to buy Jaypee’s Prayagraj Power from lenders: The sale of Prayagraj Power to Tata Power-backed Resurgent Power marks the first such transaction in the power generation space outside the insolvency framework,” reported Mint . “Resurgent Power acquires 75% Jaypee’s Prayagraj Po...