Key Transactions

M&A

NA

FY19

Acquisition of SME lending business of Finmax

Advised Ambit Finvest on the acquisition of the SME financing business of Finmax through a Business Transfer Agreement

Acquisition of SME lending business of Finmax

Advised Ambit Finvest on the acquisition of the SME financing business of Finmax through a Business Transfer Agreement

Capital Raise

INR 2.5 bn

FY19

Equity fund raise of Rs 250 cr for APAC Finance from Multiples Private Equity

Assisted APAC Financial Services, an NBFC set up by Mr Gunit Chadha, with a fund raise prior to receipt of regulatory licenses

Equity fund raise of Rs 250 cr for APAC Finance from Multiples Private Equity

Assisted APAC Financial Services, an NBFC set up by Mr Gunit Chadha, with a fund raise prior to receipt of regulatory licenses

M&A

INR 8.6 bn

FY19

26% equity stake sale by Legal & General in IndiaFirst Life to Warburg Pincus

Ambit ran a tightly managed competitive process involving strategic and financial investors for 26% stake sale by Legal & General Plc. This was the first transaction in India where a private equity was acquiring 26% stake in a Life Insurance Company.

26% equity stake sale by Legal & General in IndiaFirst Life to Warburg Pincus

Ambit ran a tightly managed competitive process involving strategic and financial investors for 26% stake sale by Legal & General Plc. This was the first transaction in India where a private equity was acquiring 26% stake in a Life Insurance Company.

Capital Raise

NA

FY19

Equity fund raise by Magma HDI General Insurance

Ambit assisted Magma HDI with an equity raise from famliy office to provide a bridge funding round

Equity fund raise by Magma HDI General Insurance

Ambit assisted Magma HDI with an equity raise from famliy office to provide a bridge funding round

M&A

INR 1.5 bn

FY19

Acquisition of 100% shareholding by Astral Poly Technik in Rex Polyextrusion

Astral Polytechnik ("Astral") acquired Rex Polyextrusion ("Rex") to extend product line of Astral to include corrugates and other piping solutions. The acquisition is expected to allow Astral to further penetrate the infrastructure business with expertise in plumbing and drainage segment. Transaction was structured by 51% shareholding acquisition by cash and 49% shareholding acquisition in share swap.

Acquisition of 100% shareholding by Astral Poly Technik in Rex Polyextrusion

Astral Polytechnik ("Astral") acquired Rex Polyextrusion ("Rex") to extend product line of Astral to include corrugates and other piping solutions. The acquisition is expected to allow Astral to further penetrate the infrastructure business with expertise in plumbing and drainage segment. Transaction was structured by 51% shareholding acquisition by cash and 49% shareholding acquisition in share swap.

M&A

INR 7 bn

FY19

Divestment of Avantha Industries’ specialty chemicals business ‘Solaris ChemTech Industries’ to Agrocel Industries

Avantha Industries divested Solar ChemTech ("Solaris") to Agrocel Industries ("Agrocel") in line with Avantha Industries' strategy to reduce its debt. Solaris being primarily involved in Bromine and Bromine derivatives provides consolidation opportunity to Agrocel. Transaction was structured by 100% equity shareholding acquisition by cash

Divestment of Avantha Industries’ specialty chemicals business ‘Solaris ChemTech Industries’ to Agrocel Industries

Avantha Industries divested Solar ChemTech ("Solaris") to Agrocel Industries ("Agrocel") in line with Avantha Industries' strategy to reduce its debt. Solaris being primarily involved in Bromine and Bromine derivatives provides consolidation opportunity to Agrocel. Transaction was structured by 100% equity shareholding acquisition by cash

M&A

NA

FY19

Divestment by Sequoia Capital, Mayfield, Janus Henderson, Saama Capital & Bennett Coleman in Genesis Colors to Reliance Brands

Genesis is one of India’s largest fashion retailers in the premium and luxury segment with franchisee brands including Armani, Burberry, Canali and Jimmy Choo amongst others. The transaction provided exit to marquee private equity funds including Sequoia Capital, Janus Henderson, Saama Capital and Mayfield

Divestment by Sequoia Capital, Mayfield, Janus Henderson, Saama Capital & Bennett Coleman in Genesis Colors to Reliance Brands

Genesis is one of India’s largest fashion retailers in the premium and luxury segment with franchisee brands including Armani, Burberry, Canali and Jimmy Choo amongst others. The transaction provided exit to marquee private equity funds including Sequoia Capital, Janus Henderson, Saama Capital and Mayfield

M&A

INR 130 bn

FY19

Acquisition of a 1,400 kms gas pipeline by Brookfield sponsored India Infrastructure Trust

One of largest Infrastructure deals in India till date and first private pipeline to be monetized. Ambit was the exclusive advisor to Brookfield, as Sponsor of InvIT (India Infrastructure Trust), on the transaction.

Acquisition of a 1,400 kms gas pipeline by Brookfield sponsored India Infrastructure Trust

One of largest Infrastructure deals in India till date and first private pipeline to be monetized. Ambit was the exclusive advisor to Brookfield, as Sponsor of InvIT (India Infrastructure Trust), on the transaction.

M&A

INR 8.7 bn

FY19

Acquisition of 22% stake in L&T IDPL sponsored Privately Placed Road Infrastructure InvIT – IndInfravit by OMERS

OMERS Infrastructure invests globally in infrastructure assets on behalf of OMERS (Ontario Municipal Employees Retirement System). OMERS is one of the largest Canadian investors with C$95 billion in net assets under management. This is a landmark transaction as this is the first investment by OMERS Infrastructure in India as well as Asia

Acquisition of 22% stake in L&T IDPL sponsored Privately Placed Road Infrastructure InvIT – IndInfravit by OMERS

OMERS Infrastructure invests globally in infrastructure assets on behalf of OMERS (Ontario Municipal Employees Retirement System). OMERS is one of the largest Canadian investors with C$95 billion in net assets under management. This is a landmark transaction as this is the first investment by OMERS Infrastructure in India as well as Asia