The Competition Commission of India approved a minority stake acquisition in Micro Life Sciences Pvt. Ltd, by South Elm Investments B.V., a Dutch investment holding company. The deal was valued at $210 million. The shareholders of South Elm Investments are private equity funds managed by Warburg Pincus LLC. Gujarat-based Micro...
Warburg Pincus Acquires Majority Stake in India's Educational Financing Company
New York City-based global private equity firm Warburg Pincus LLC announced that it had entered into a definitive agreement to acquire an 80% equity stake in Mumbai, India-based Avanse Financial Services Limited for $45 million, from the Wadhavan Global Capital group. Avanse is an education focused Non-Bank Finance Company . Since...
Warburg Pincus JV to invest $400 million into affordable hotels
New York City-based private equity firm Warburg Pincus LLC., is setting up a joint venture with New Delhi-headquartered Lemon Tree Hotels Limited that plans to invest over $400 million to develop full-service accommodation for students and young working professionals. Warburg Pincus will hold a 68% stake in the joint venture while...