Ernst & Young and Unitus Capital topped the Venture Intelligence India League Tables for
the Most Active Transaction Advisors to Private Equity deals during the six
months ended June 2013. Unitus was the financial advisor to as many as nine PE
transactions during the period (earning 34 League Table credit points), while
E&Y was the financial advisor to three PE transactions (with 12 points).
Including Due Diligence, Taxation and other advisory services, E&Y advised
as many as 26 PE transactions (earning 36 points). E&Y was also the
financial advisor to six M&A transactions during H1’13 (earning 22 points)
and as many as 26 M&A transactions (earning it a total of 42 points) if
other advisory services were to be included.
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 advised by Transaction and Legal Advisory firms.
Private Equity Deals
The
PE deals advised by social sector specialist Unitus during H1’13 included Germany-based
KfW’s acquisition of a 30% stake in Invest India Micro Pension Services and Lok
Capital’s exit from microfinance firm Satin Credit Care Network via a secondary
transaction. o3 Capital and Avendus were financial advisors to five
PE deals each during the period. The PE deals advised by E&Y during H1’13 included
Warburg Pincus’ investment in auto components firm Avtec and IvyCap Ventures’
investment in agricultural market information services firm Reuters Market
Light.
M&A deals
The
M&A deals advised by E&Y during H1’13 including TRIL Roads' acquisition
of IVRCL’s three road projects and Indraprastha Gas’ acquisition of Central UP
Gas. Including other advisory services, Deloitte ranked second advising 10
deals (fetching 17 points). o3 Capital, Avendus and Edelweiss were financial advisors to two M&A deals each during
H1’13.
The
full league tables can be viewed online at
http://ventureintelligence.in/leagues.php
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