Ernst & Young retains Most Active Transaction Advisor
status inclusive of due diligence, other services
Chennai-headquartered boutique investment bank Spark Capital
made its entry into the top of the Venture Intelligence League Table for Most
Active Transaction Advisor (Private Equity) for calendar 2012 acting as
financial advisor to nine PE investments during the year. Among the
transactions advised by Spark were the $100 million investment by GIC in Vasan Healthcare and the $27
million investment in Equitas Holdings by IFC, India Financial Inclusion Fund
and MicroVentures.
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 fulfilment of criteria) advised by Transaction and Legal Advisory firms.
Inclusive of its roles in due diligence and related advisory
activities, Ernst & Young
retained its status as overall Most Active Transaction Advisor for Private
Equity in 2012. Ernst & Young advised PE deals during 2012 included SBI Macquarie’s $150-M investment in Ashoka
Concessions and IDFC PE’s investment
in Star Agri Warehousing and Collateral Management.
While E&Y notched up a total of 49 points (across a
total of 28 deals), while Spark ended the year with 36 points and PwC completed the top three with 33
points (across 27 deals). Allegro
Advisors came in at number four advising seven deals. Unitus Capital and Avendus
Capital, which advised six deals each, completed the top five for 2012.
Among pure financial advisory roles, Ernst & Young and
Allegro Advisors shared the second spot (after Spark) with seven deals each. Allegro
Capital advised deals included GE
Capital’s $23-M investment in Biocon’s subsidiary Syngene International.
Among Social Venture investments, Unitus Capital topped the charts with five deals (including the
investment by GAWA Microfinance Fund and
Citi in Jananlakshmi Financial Services and Sonata Finance raising investment from Creation Investments). Intellecap advised three social venture
investments.
New entrants into the Venture Intelligence league table in
the category during 2012 included Akasam
Consulting and SMC Capitals.
The full Most Active Transaction Advisor (Private Equity) league
table can be viewed online at
http://ventureintelligence.in/leagueib-pe.htm
http://ventureintelligence.in/leagueib-pe.htm
About Venture Intelligence
Venture Intelligence, a division of Chennai, India-based TSJ
Media Pvt. Ltd., is the leading provider of data and analysis on Private Equity
and M&A transactions in India. For more information, please visit
http://www.ventureintelligence.in
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