January 10, 2023 12:06 PM IST

PE firms increasing focus on revenue and profitability in funding evaluations: KreditBee’s Madhusudan Ekambaram

In a candid interview with Moneycontrol, KreditBee co-founder and CEO Madhusudan Ekambaram said that he intends to take the company public in three years. He also shared the rationale behind raising funds and provided an overview of the company's revenue and profit numbers.

KreditBee raises $100 mn in extended Series D from Advent International

The new funds will be used for scaling KreditBee's existing business and diversifying its product offerings by venturing into digitally enabled financial products

Data science startup Tredence raises $175 million in funding led by Advent International

The San Jose-based company plans to use the funding to build on its growth momentum, strengthen vertical capabilities, and expand its customer base.

Advent International emerges as frontrunner to buy Suven Pharma: Report

Advent is negotiating to buy almost 51% of the company from the promoters and launch an open offer for an additional 26%.

Advent Intl rejects discovered price for delisting of DFM Foods' shares

The discovered price came in at Rs 525 a share. Advent Intl has now made a counteroffer of Rs 467 a share

Advent announces proposal to delist DFM Foods from stock exchanges

Advent, via its affiliate AI Global, will acquire all equity shares held by public shareholders, a regulatory filing said. Consequently, DFM Foods will voluntarily delist from the stock exchanges, it added.

TV18 Exclusive | Yes Bank at inflection point, right time to invest, says Advent's Shweta Jalan

Retail, SME finance and digital are "key drivers of growth" for Yes Bank, Shweta Jalan said.

TV18 Exclusive | Yes Bank's value driven by digital focus and branch network, says Carlyle's Sunil Kaul

Carlyle has sought board nomination as part of the deal which allows it to acquire 10 percent stake in Yes Bank

Jubilant Foodworks' former CEO Pratik Pota to lead Advent-backed Eureka Forbes

Until recently, Pota was the CEO at Jubilant Foodworks Ltd where he led the business to a comprehensive turnaround and transformation.

Carlyle may invest up to Rs 4,500 crore in Yes Bank: Report

Advent International is also expected to acquire a similar share of the bank.

McAfee to be bought by Advent-led group in $14 billion deal

The deal comes as a pandemic-driven shift to remote working and a rise in cyber attacks have spurred demand for antivirus and digital security software.

Race for Shapoorji Pallonji Group-owned Eureka Forbes: PE firm Advent International in the lead

Eureka Forbes is a subsidiary of listed parent Forbes & Company and the 150-year-old Shapoorji Pallonji group is keen to take advantage of the health, hygiene, and home improvement wave post-COVID-19, unlock value and reduce its debt through the proposed transaction.

Blackstone in exclusive talks to buy majority stake in Advent International-backed asset & wealth management firm ASK Group

The last prominent buyout in the wealth management space was completed in March 2021 when PAG, a leading Asian investment firm acquired 61.5% stake in Edelweiss Wealth Management for ₹2,366 crore.

Advent International-backed packaging firm Manjushree Technopak to acquire Classy Kontainers

The proposed acquisition will help Manjushree Technopak consolidate its position as a leader in the segment while reinforcing its technical strength.

Race for Eureka Forbes heats up: Electrolux, Advent International and Warburg Pincus in the fray

Shapoorji Pallonji Group, the 150-year-old diversified conglomerate that owns Eureka Forbes, has interests in sectors ranging from construction and real estate to power and biotechnology. It is looking to ride the health, hygiene and home improvement wave on the back of Covid-19 .

DFM Foods: Is the company well placed to resume high growth?

With new professional management team's focus on product introductions, enhancement of distribution reach and increased technology adoption, we expect DFM Foods to resume high growth trajectory

Race for JSW Cement: Apollo Global, Advent and Synergy Capital in fray for stake sale at valuation of around $1.5 billion

JSW Cement is planning an IPO in the next two years and this fund raise will help it to expand its existing capacity and accelerate growth, according to sources.

Parikh family sells ZCL Chemicals to Advent for Rs 2,000 crore

Morgan Stanley Private Equity Asia (MSPEA), a private equity platform that acquired 20 percent stake in ZCL for Rs 150 crore in 2016, has also exited the company for an amount of Rs 390 crore.

Snacking plays: Robust sales growth a highlight, prefer Prataap Snacks

PE majors Advent, Temasek may sell 26% stake in CG Consumer Electricals

The sale would be worth around Rs 1,328 crore giving the investors a three-fold return on their four-year-old investment

PE firm Advent International acquires women's innerwear brand Enamor

Enamor offers a range of lingerie, sportswear and athleisure wear and has 20 exclusive brand outlets and over 4,500 points of sale nationwide, predominantly located in larger cities.

TPG Capital, Advent International in talks to infuse $350mn each in Yes Bank

GE selling distributed power unit for USD 3.25 billion

The deal includes distributed power's Jenbacher and Waukesha engines and manufacturing sites in Austria, Canada and the United States.

Advent, Carlyle, GA in race to buy Pepe Jeans India: Report

The US-based private equity firms are eyeing a controlling stake in Pepe Jeans' Indian subsidiary.

Carlyle Group, Advent International bid for minority stake in Mankind Pharma: Report

The bid could value the company at about $3.2 to $3.4 billion.