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Transactions / Mango Crest Investment Ltd.

Shriram Finance Limited Announces Sale of its Housing Subsidiary Shriram Housing Finance to Warburg Pincus May 13, 2024

Platform acquisitionannouncedannounced May 13, 2024Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
3 named
Buy side
  • Warburg Pincus LLCSponsorconfirmed
    Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment Ltd from all the sellers. | published on Warburg Pincus's own news page warburgpincus.com
Advisory side
  • AvendusFinancial adviserconfirmed
    JM Financial, Barclays, and Avendus acted as financial advisors to SFL, SHFL and Valiant.
Side not stated
  • Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment Ltd from all the sellers.
Evidence
Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment Ltd from all the sellers.
Shriram Finance Limited Announces Sale of its Housing Subsidiary Shriram Housing Finance t | Private Equity Intelligence | DFX