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Advent, Temasek exit partially from Crompton Greaves Consumer

Deal
November 24, 2020

J. Sagar Associates (JSA) advised Advent International and Temasek on their partial exit in Crompton Greaves Consumer Electricals Limited. Advent and Temasek collectively sold 8.75% shares of Crompton Greaves for an aggregate consideration of approximately Rs. 1631.08 crores. This is the second liquidity event for both investments firms from Crompton Greaves Consumer which makes products ranging from fans, light sources and luminaires, pumps and household appliances such as geysers, air coolers, mixer grinders, toasters, irons and electric lanterns.

JSA was represented by Partners –Vikram Raghani and Bir Bahadur S. Sachar and Senior Associate Abhilash Chandran.

POST TAGS

Tags Exits, Private Equity, Retail

Bir Bahadur Singh Sachar Partner

Bir is a member of JSA’s Corporate and Finance practice. He specialises in mergers & acquisitions (both listed and unlisted) and private equity (both listed and unlisted).

Vikram Raghani Partner

Vikram is the Co-Chair of the Corporate Practice at JSA. His areas of practice include mergers & acquisitions, private equity and securities laws (including capital markets). He has been involved in private equity and mergers & acquisitions transactions also focusing on public market investments and M&A.