In H1 2016, buyouts showed strong momentum, with the total number of deals and deal value at 14 and $2.44 billion, respectively, data from PE and VC database Venture Intelligence shows.
Buyout deal value more than doubled from $1.14 billion in the same period last year. The top buyout deals in 2016 include Blackstone Group Lp’s $1.1 billion acquisition of a majority stake in listed IT firm Mphasis Ltd, Kedaara Capital and Swiss PE firm Partners Group’s purchase of mortgage lender AU Financiers for about $140 million and Abraaj Group’s $221 million deal to buy Care Hospitals.
According to the article some of the companies the fund had shown interest in were Mu Sigma, Minacs and Intelenet.
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Buyouts are back! (2016)
Venture Intelligence is India’s longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.