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PE Fund Advent To Acquire Majority Stake In ZCL Chemicals; Morgan Stanley PE To Exit Via Deal


PE fund Advent to acquire majority stake in ZCL Chemicals; Morgan Stanley PE to exit via deal
Advent has been investing in India since 2007. In this time, it has deployed over $1.7 billion in 12 companies with headquarters or operations in the country.
February 08, 2021 / 01:58 PM IST
Private equity fund Advent International on February 8 announced that it has signed a definitive agreement to acquire a majority stake in ZCL Chemicals, formerly known as Zandu Chemicals. The transaction represents the third deal in the domestic pharma segment by Advent which has earlier acquired Hyderabad based RA Chem and Bharat Serums and Vaccines.
With this transaction, Morgan Stanley Private Equity Asia, a private equity platform that previously managed a minority investment in ZCL, will exit its investment, the announcement said. The financial terms of the deal were not disclosed. ....

Andhra Pradesh , Pankaj Patwari , Shweta Jalan , Nirav Mehta , Advent International On , Advent International India , Life Sciences , Drug Administration , Head Of India At Advent International , Advent International , Bharat Serums , Morgan Stanley Private Equity Asia , Morgan Stanley , Managing Director , Morgan Stanley Private Equity , Sole Financial Advisor , Bombay Law Chambers , Legal Counsel , Zandu Chemicals , Zcl Chemicals , ஆந்திரா பிரதேஷ் , பங்கஜ் பட்வாரி , ஷுவேத் ஜலான் , நீரவ் மேத்தா , வாழ்க்கை அறிவியல் , மோர்கன் ஸ்டான்லி ப்ரைவேட் பங்கு ஆசியா ,

People Digest: Monument Group gets Japan representative; Mambu hires GM in Vietnam


People Digest: Monument Group gets Japan representative; Mambu hires GM in Vietnam
Source: Hunters Race/Unsplash
Premium
Global placement agent Monument Group has named Hiroshi Nishimuro the Japan representative in the firm’s Tokyo office. In a separate development, Global SaaS banking platform Mambu has announced the appointment of a new general manager in Vietnam.
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Republic Of , Pham Quang Minh , Hiroshi Nishimuro , Morgan Stanley , Arena Holdings , Monument Group , Goldman Sachs , Global Saas , Morgan Stanley Private Equity , Unison Capital , Tiger Global , Bessemer Venture Partners , Runa Capital , Acton Capital , குடியரசு ஆஃப் , ஃப்யாம் குவாங் மிந் , ஹிரோஷி நிஷிமுரோ , மோர்கன் ஸ்டான்லி , அரங்கம் ஹோல்டிங்ஸ் , நினைவுச்சின்னம் குழு , கோல்ட்மேன் சாக்ஸ் , உலகளாவிய சாஸ் , மோர்கன் ஸ்டான்லி ப்ரைவேட் பங்கு , ஒற்றுமை மூலதனம் , புலி உலகளாவிய , பெஸ்ஸெமர் துணிகர கூட்டாளர்கள் ,