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Greater Pacific Capital Completes Investment in Enzen Global Solutions

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Press Trust of India MUMBAI
Last Updated : Jul 09 2019 | 2:30 PM IST

/ -- Enzen Global Solutions (hereafter referred to as 'Enzen' or the 'Company'), a global knowledge practitioner in the energy and utilities sector announced that it has raised in excess of US$100 million from Greater Pacific Capital (hereafter referred to as 'GPC').

Greater Pacific Capital is making the investment from its fund, GPC Private Investing India LLP, the firm's most recent India-focused private equity fund.

Established in 2006 and headquartered in Bengaluru, India, Enzen is a deep knowledge practitioner, that provides advisory services, engineering, management, digital and innovation services to some of the world's largest businesses, asset managers, governments and non-governmental organisations in the energy and utilities sector. The Company currently has a presence in 26 countries, including India, the United Kingdom, Australia, the United States, Spain, Turkey, Brazil, the Middle East, Africa and Kazakhstan. Enzen employs approximately 3,600 people globally.

Commenting on the transaction, Mr. Satheesh Kumar, Chairman of Enzen, said, "We are delighted to partner with GPC as we embark on the next phase of our growth journey. GPC's partnership model and international networks will add tremendous value to Enzen as the Company looks to expand its solutions, services and geographical presence in an effort to improve the availability and sustainability of power, water and gas resources around the world."
Mr. Ketan Patel, CEO of GPC, commented, "The transition to cost-efficient, high performance and environmentally-friendly utilities is an important global theme, and we believe that Enzen, with its best-in-class management team, strong domain knowledge and differentiated delivery model is uniquely positioned to capitalise on this important shift going forward. GPC's investment in Enzen is in line with the firm's investment strategy, which is focused on partnering with scaled and fast growing Indian businesses that operate in, or are looking to expand into international markets and can shape their industry's development."
About Enzen Global Solutions
For more information, please visit: https://www.enzen.com/
About Greater Pacific Capital

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First Published: Jul 09 2019 | 2:30 PM IST

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