Exclusive: Blackstone, Carlyle, others eye controlling stake in Indian healthcare firm
Private equity behemoth Blackstone is among a clutch of bulge-bracket global investors who are in the race to pick up a controlling stake in an Indian healthcare company, three people aware of the development told VCCircle. Blackstone, which struck its first hospital deal in India last year and invested $1 billion to ......
Grapevine: Carlyle-backed Hexaware taps i-banks for IPO; Mankind Pharma eyes Bharat Serum
US private equity giant Carlyle has assembled a syndicate of five investment banks to facilitate the forthcoming IPO of portfolio firm Hexaware Technologies, a media report said. The syndicate includes Kotak Mahindra Capital, Citi, JP Morgan, IIFL Capital, and HSBC Securities. The IPO is intended to offer Carlyle a partial ......
Warburg, Carlyle, others in fray for stake in healthcare tech solutions provider
A string of global buyout firms including Thoma Bravo, CVC Capital, Carlyle, Platinum Equity and Warburg Pincus are evaluating an investment in a healthcare firm backed by a leading homegrown private equity player, at least two people aware of the development told VCCircle. The PE firms are looking to acquire a ......
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, ......
Platinum Equity looks to foray into India with new office, big bets
American buyout firm Platinum Equity, with assets under management worth $48 billion globally, is exploring transactions to foray into the Indian private equity sector, even as it gears up to build an India office, two people aware of the development told VCCircle. The California-headquartered global PE firm is scouting for opportunities in ......
Claris founding family's waste-to-energy firm Abellon taps offshore investor
Abellon Waste Management Ltd, set up by the family behind Claris Lifesciences Ltd, is raising capital from a marquee foreign investor, almost eight years after the Ahmedabad-based group sold its flagship business. Abellon Waste Management, a newly minted company promoted by Arjun and Aditya Handa’s Claris Ltd, is set to secure ......
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 ......
