Before switching to the listing route, TPG-backed Sai Life Sciences had explored the sale of a controlling stake in the firm and conducted a sale process, which resulted in Bain Capital emerging as the front-runner in the final leg, according to a January 25 report by Moneycontrol. But talks between both parties did not fructify into a deal
Bain Capital is the likely frontrunner to acquire stake in TPG Capital-backed Sai Life Sciences, a Hyderabad-based contract research, development, and manufacturing organisation, a media ..
Several global funds, including Blackstone, Carlyle, PAG, CVC Capital, BPEA EQT, Brookfield Asset Management, and Apax Partners, are interested in acquiring Hyderabad-based pharmaceutical company Sai Life Sciences. The company is currently valued at $800 million, but it is expected to be valued at around $500 million.
SatSure, a Bengaluru-based space-technology startup that builds decision insights using data from satellites for the banking and insurance sectors, has raised a