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How much did Advent make from Crompton Greaves Consumer Electricals

By Beena Parmar

  • 10 Jun 2021
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How much did Advent make from Crompton Greaves Consumer Electricals
Credit: Pixabay

US private equity firm Advent International Corporation has made over 3.5x returns by exiting Crompton Greaves Consumer Electricals after five years, shows a VCCircle analysis. On Wednesday, an investment vehicle of Advent International called Amalfiaco Ltd sold its remaining 5.36% stake for Rs 1,348 crore, stock exchange data showed.  As per VCCircle ......

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