Advent International

With Advent Int on board, Tredence eyes $500 mn in revenue by 2026

Tredence is looking at Advent International to not only grow geographically but also support them in expanding into new verticals like healthcare, life inorganic sciences, and insurance

Top headlines: Venugopal Dhoot arrested, Advent buys stake in Suven, & more

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Advent International to pick up 50.1% in Suven Pharma for Rs 6,313 crore

To launch open offer for another 26%; plans merger with Cohance

We aim to be one of India's top CDMO, API players: Advent's Shweta Jalan

'Suven alone has multiple engines of growth across all segments and a strong pipeline of Phase 3 and late Phase 2 molecules'

Advent International to acquire 50.1% stake in Suven Pharma, explore merger

As of last close, Suven had a market capitalization of 126 billion Indian rupees

Data science firm Tredence raises $175 mn in funding for expanding business

San Jose-based company to use financing for strengthening verticals and get more customers

Carlyle, Advent buy 9.99% stake in Yes Bank, to pump in about Rs 8,896 cr

Yes Bank on Tuesday said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank. The two private equity (PE) funds together would pump in about Rs 8,896 crore in Yes Bank with full conversion of warrants into equity. The bank has allotted a total of 369.61 crore shares of face value Rs 2 each and 255.97 share warrants convertible into equity shares of face value Rs 2 each on a preferential basis to CA Basque Investments, a Carlyle Group entity, and Verventa Holdings Limited, an Advent group entity, Yes Bank said in a regulatory filing. Pursuant to the allotment of the equity shares, the total issued and paid-up share capital of Yes Bank has increased from Rs 5,011.31 to Rs 5,750.54, it said. CA Basque Investments was allotted 184.80 shares with a face value of Rs 2 at an issue price of Rs 13.78 and 127.98 share warrants carrying a right to exercise, get issued and allotted 1 (One) equity share with a face value of Rs 2 for each warrant at a pr

USA's Advent may leave race for Reliance Capital general insurance arm

PE firm previously submitted the highest non-binding bid for the business

Reliance Capital bidders seek more time from lenders to make final offers

Banking sources said Piramal group has sought 12 weeks' extension, while PE major Advent wants time till Jan-end 2023, citing delays in completing due diligence

PE, Sovereign funds making larger investments in Indian tech firms

PE funds like Advent, TPG, Temasek and GIC have sped up their investments in India with larger cheques of $100 million or more

YES Bank to raise $1.1 billion via stake sale to US private equity firms

Yes Bank Ltd said on Friday it will sell up to 10% stake to U.S. private equity firms Carlyle Group Inc and Advent International for $1.1 billion

YES Bank's deal with Carlyle, Advent on $1 bn stake investment gathers pace

Carlyle's top executives and Advent's leaders in a series of meetings with Yes Bank and SBI's senior management, and RBI officials this week decided the contours of the investment plan

Marzin R Shroff to step down as MD & CEO of Eureka Forbes in August

Will move to a new role as a senior advisor to both Eureka Forbes and Advent International

Classic leverage buyouts must be allowed in India: Advent's Shweta Jalan

'Will not look at younger start ups where the cheque size threshold is met just because of high valuation'

Advent buys controlling stake in deal valuing Avra Labs at $100 million

Global private equity fund Advent International said it will be acquiring a controlling stake in pharma sector-focused Avra Laboratories

Advent International picks up majority stake in Encora for $1.5 billion

Warburg Pincus, the present majority shareholder, would be minor partner

McAfee nears deal to sell itself to Advent for over $10 billion: Report

The deal could be announced on Monday, although the talks could still fall apart, the report said

PE major Advent International to buy 72.56% stake in Eureka Forbes

Private equity firm Advent International will buy a controlling stake of 72.56 per cent in Eureka Forbes for approximately Rs 4,400 crore, it's parent Shapoorji Pallonji Group (SPG) has said.

PE major Advent International buys majority stake in Eureka Forbes

Signs deal with SP Group at Rs 4.4K-crore valuation

US-based Advent International sells 5.36% stake in CG Consumer

The PE firm had sold 6% in February 2021