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August 02, 2014

Unitus Capital tops Private Equity Transaction Advisor League Tables for H1-2014

Ernst & Young is the Most Active Advisor inclusive of due diligence & other services

Continuing its strong run from the previous year, Unitus Capital topped the Venture Intelligence League Tables for Most Active Transaction Advisor (Private Equity) during the first six months of 2014. The firm acted as financial advisor to eight qualifying PE investments during the period (notching up 32 points). Among the transactions advised by Unitus were the $13-M investment by Fidelity Growth Partners and existing investor Aavishkaar in dairy firm Milk Mantra and Norwegian Microfinance Initiative’s investment in microfinance firm Satin Creditcare Network.

The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on volume of PE and M&A transactions (combined with credits based on fulfillment of criteria) advised by Transaction and Legal Advisory firms.

Ernst & Young, with seven deals (28 points) for pure financial advisory, was the overall Most Active Transaction Advisor for Private Equity in H1-2014 inclusive of due diligence and related advisory activities - advising a total of 25 transactions during the period. PE deals advised by Ernst & Young included ADB and DEG’s $85-M investment in Welspun Renewable Energy and the WestBridge Capital-led $27-M investment in Vistaar Finance.

Avendus and Ambit Corporate Finance shared the third spot advising five deals (20 points) each. Avendus advised investments included the $90-M investment led by Kinnevik in online classifieds firm Quikr and the $25 million investment in Bookmyshow by SAIF, Accel India and Capital18.

Ambit Corporate Finance advised deals included Samena Capital’s purchase of Kinetic Engineering’s stake in Mahindra Two Wheelers for $29-M and Tano Capital’s $10-M investment in Sanghvi Brands.

Intellecap, which advised four PE deals during the period, completed the list of top five PE transaction advisors in H1-2014.

PwC was also notably active in the due diligence and related advisory segment advising 24 transactions including the $260-M buyout of the Aditya Birla Group BPO firm Minacs by CX Partners and Capital Square Partners and the $160-M investment by Temasek in Intas Pharmaceuticals.

New entrants into the Venture Intelligence league table in the category during H1-2014 included Think Capital, Intensive Fiscal Services, Citadel Management Consulting and S.M.A.R.T Advisors.

The full league tables can be viewed online at http://ventureintelligence.in/leagues.php

Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.