Platinum Equity on the debt financing for its acquisition of a controlling stake in Mumbai-based generic pharmaceutical business Inventia Healthcare Limited’s core Oral Solid Dosage business from India Life Sciences Fund III, NYLIM Jacob Ballas India Fund III, LLC, Mauritius and affiliates of the company’s founding Shah family
Advent International on a common refinancing in relation to two of its portfolio companies, Suven Pharmaceuticals Limited and Cohance Lifesciences Limited. This is the only control financing in the Indian market where a sponsor has financed a listed asset and an unlisted asset under the same credit agreement, and is the largest offshore unitranche financing in the Indian market to date
EQT Private Capital Asia on the financing in relation to its portfolio company Sagility (formerly Hinduja Global Solutions Limited’s healthcare services related business), a global leader in business process management and member/patient experience
EQT Private Capital Asia on a bank facility for the recapitalization and refinancing of certain existing facilities of its portfolio company CitiusTech Holdco B.V., the holding company of CitiusTech Healthcare Technology Private Limited, a provider of consulting and digital technology to healthcare and life sciences companies based in India
Blackstone Real Estate Partners on the $230 million offshore margin loan financing in connection with its investment in Nexus Select Trust REIT
Advent International on the financing in connection with their respective stakes in Quest Global Services Pte. Ltd and subsequent refinancing
Bain Capital on its acquisition of Porus Labs, a leading manufacturer of agricultural and specialty chemicals based in India
A consortium of sponsors, including PAG, on the $55 million debt financing in connection with the acquisition of Sekhmet Pharmaventures Private Limited
Advent International on the $244 million debt financing for its acquisition of Indian listed pharma company, Suven Pharmaceuticals Limited and subsequent complicated upsize and amendments
Advent International on a $140 million margin loan facility in connection with the equity stake it holds in Yes Bank
Apax Partners on the portability related amendments and sale of Healthium Medtech. This is the first sale be a PE Sponsor in India using the portability feature in a financing
Bain Capital on its approximate US$485 million acquisition of a 24.98% stake in IIFL Wealth Management (NSE: IIFLWAM), a company listed on the National Stock Exchange of India, from General
Atlantic and Fairfax Financial. IIFL Wealth Management is one of the largest and fastest growing wealth and asset management firms in India
Platinum Equity on the debt financing for its acquisition of a controlling stake in international fashion lingerie and swimwear company, Hop Lun, from company founder Erik Ryd