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Showing posts with the label DBM Geotechnics and Constructions

Deal Alert: Jacob Ballas fund invests in DBM Geotechnics and Constructions

From the Press Release: Mumbai-based DBM Geotechnics and Constructions Pvt. Ltd. ("DBM") today announced that it has received Rs.100 crores as an equity investment from NYLIM Jacob Ballas India Fund III, LLC (“NYLIM-JB Fund”), a Mauritius based Private Equity investor, for a significant minority stake. DBM is a market leader in geotechnical services and is also engaged in EPC services, mainly in the areas of foundation engineering and marine infrastructure construction. Commenting on the deal Mr. D B Mahajan, Chairman and Managing Director of DBM said: “We are delighted to induct NYLIM-Jacob Ballas as a partner and with this DBM has achieved one more growth milestone. We believe NYLIM-JB's understanding of the Indian infrastructure sector and global best practices will help DBM to expand business to new heights and create value for all stakeholders. The customers have expressed their faith and trust in our services till date and we remain committed to maintain consistent ...