Professional Documents
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Presented by: Anchal Arora Shabani Nurpuri Chetan Taneja Aman Anand Yashashvi Singh Heena Mehta
Leveraged buyouts :A private equity firm buys majority control of an existing or mature firm. Venture capital: Refers to equity investments made, typically in less mature companies, for the launch, early development, or expansion of a business. Growth capital: Likely to be more mature than [venture capital] funded companies. Distressed investments: To investments in equity or debt securities of financially stressed companies. Mezzanine capital: Often used by smaller companies that are unable to access the high yield market.
OTHER STRATEGIES
institutions, or large
Limited Partners. General Partner manages the fund The fund is a tool to allow the investment process to occur
(Contd.)
Private equity firm:
General Partner of the private equity fund and intermediary between investors and businesses seeking capital. The investors agree to let the firm manage the investment and firm charges additional fees to the investors. Unlimited liability and a strong control in its investment decisions.
high caliber and experienced managers. PE helps if one wants to start a company, expand the business, buy out a portion of parent company and turn around a company. PE firms work outside the public eye. PE induces motivation in the management of the company.
Growing
economy. Changing government policies. Young population. Poised to become the next big market in private equity. Market address of strong middle class.
MAJOR PLAYERS
ICICI:
ICICI
Venture is one
MAJOR PLAYERS
KOTAK PRIVATE EQUITY GROUP (KPEG):
KPEG is
a specialist India Private Equity firm of Kotak Mahindra Group- focused on helping emerging corporate and mid-size enterprises evolve into tomorrow's industry leaders. The size of their initial investment is typically between USD 15mn and 40mn depending on the nature of the company's business. KPEG's investment objective is to achieve long term capital appreciation through investments in privately negotiated equity and equity-related investments .
On May 6, 2011,Jyothi announced that it had successfully acquired a majority stake in Henkel India. Jyothi currently controls 65.87% of Henkel India and has launched a mandatory open offer for an additional 20%. Jyothi will pay INR 3,308 million to acquire the 85.87% stake in Henkel India. Jyothi bought Henkel AGs outstanding preference shares for a cash consideration of INR 439 million.
The acquisition scales up Jyothi to one of the leading FMCG companies in India with consolidated Performa FY2011 revenue of INR 10,412 million compared to a standalone revenue of INR 6,195 million. The acquisition helped Jyothi pave the way for a more balanced revenue stream by significantly enlarging the portfolio of products and reduce its
JYOTHI LABORATORIES MAY TAKE PRIVATE EQUITY ROUTE Acquisition of Henkel India stake as well as its liabilities:TO SETTLE Rs. 600 CRORE On 5 May, Jyothi Lab bought Henkels 50.97% stake in its Indian unit forRs.118.72 crore. DEBT:MD Jyothi Lab also acquired the liabilities of Henkel and now has on
In an interview with ET Now, Ullhas Kamath, MD, Jyothy Laboratories, talks about volume growth and the company's future plans.
Actis, the UK edit Master subtitle style Click to private equity giant, has made a direct call to the promoters of Jyothi Laboratories to re-enter the FMCG firm. Actis was one of the growth investors in Jyothi some years ago. The latest approach comes at a time when Jyothi has asked investment bankers to bring in a global PE giant to digest the Henkel acquisition.
for $4 million. Another factor that attracted the fund to invest in the Indian company was its ability to improve and grow Henkel's brands like Pril, Neem and Fa deodorants.
scales up Jyothi to one of the leading FMCG companies in India . Jyothi Laboratories was able to raise about $150-$200 million funds from private equity funds. The Indian maker of fabric whiteners and detergents is in talk with clutch of private equity funds in Jyothi laboratories.