Grapevine: ChrysCapital mulls GeBBS Healthcare sale; Carlyle taps 2 banks for Hexaware IPO
ChrysCapital, India's largest domestic private equity firm, is planning to sell GeBBS Healthcare Solutions, a Los Angeles-based healthcare BPO company, six years after acquiring it, a media report said. ChrysCapital initially acquired an 80% stake in GeBBS in 2018 for $140 million, when its valuation stood at $175 million. The potential ......
Carlyle-backed Indegene makes another overseas acquisition
Indegene, a technology-led healthcare solutions provider to biopharmaceutical, biotech and medical devices companies, has acquired another overseas company to ramp up its service offerings. The Indian company, which is backed by US-based private equity firm Carlyle, has purchased medical writing consultancy firm Trilogy Writing & Consulting GmbH. Indegene said in a statement Trilogy's acquisition will ......
Carlyle joins race for controlling stake in bakery chain
US investment giant Carlyle Group has joined a slew of global private equity firms and strategic suitors that are in race to acquire a controlling stake in a Indian bakery chain, two people aware of the development told VCCircle. Carlyle Group, which has lowered the target for its latest pan-Asia private ......
Grapevine: Meesho set to snap up $300 mn; Carlyle weighs options for Hexaware
E-commerce platform Meesho is set to secure a $300-million (Rs 2,500 crore) investment from Tiger Global, SoftBank and others, a media report said. Tiger Global and Peak XV Partners are committing a combined $150 million, supplemented by Peak XV's $70 million contribution. SoftBank is planning to chip in with $30 million, ......
Carlyle scores high returns in swift India partial exit
Private equity firm Carlyle Group, which kicked off last year with a control deal for VLCC, topped up its bet on a financial services company and later invested in engineering services firm Quest Global, has begun the new year with a swift exit move. Carlyle - who made a full exit ......
Global PE, pension funds eyeing minority stake in Max India unit
A clutch of private equity firms and pension funds are looking to pick up a minority stake in a subsidiary of Max India Ltd, part of the $4-billion diversified conglomerate Max Group, two people aware of the development told VCCircle. Max India is the holding company of Antara, the senior care ......
Grapevine: Carlyle mulls exit from Airtel data centre unit; Oyo may shelve IPO
Private equity firm Carlyle is looking to divest its entire 24% stake in Nxtra Data Ltd, the data centre unit of Bharti Airtel Ltd, a media report said. Carlyle has received inquiries for its stake in Nxtra as there is significant interest in the data centre space, Moneycontrol reported, citing ......
