Advent International

Founded in 1983, Manjushree has 21 locations across India, with its headquarters in Bengaluru, according to Advent's website

Global PE major in initial talks with Indian as well as foreign investors

Global private equity firm Advent International on Friday announced a new board and management of Suven Pharmaceuticals after completing the acquisition of a majority stake in the domestic drug maker. Suven Pharma will be led by a management team comprising Annaswamy Vaidheesh (Executive Chairman), Dr V Prasada Raju (Managing Director) and Dr Sudhir Kumar Singh (Chief Executive Office), Advent International said in a statement filed on BSE by Suven Pharma. In terms of the Board of Directors, along with Vaidheesh and Raju, Pankaj Patwari, Managing Director at Advent, will also join the team, it added. Suven will also have three independent directors - - K.G Ananthakrishnan, Ex-MD MSD India and Ex-Director General of OPPI, and Chairman of PNB; Matangi Gowrishankar, Ex-BP Global Head of Capability Development, and Ex-Director of Human resources, Castrol India, Strategic Advisor and Certified coach; Vinod Rao, former head of investor relations at Diageo and ex-CFO PepsiCo Asia ...

Advent had announced the acquisition of a significant stake in Suven Pharma in December of the previous year from the Jasti family

Ajit Prabhu, chairman and chief executive officer of Quest Global, will acquire an additional stake in the company

As of March 31, Burger King and its sub-brand BK Cafe together had a total of 391 restaurants in the country. BK Cafe is engaged in the business of serving coffee and beverages to its customers

Tredence is looking at Advent International to not only grow geographically but also support them in expanding into new verticals like healthcare, life inorganic sciences, and insurance

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To launch open offer for another 26%; plans merger with Cohance

'Suven alone has multiple engines of growth across all segments and a strong pipeline of Phase 3 and late Phase 2 molecules'

As of last close, Suven had a market capitalization of 126 billion Indian rupees

San Jose-based company to use financing for strengthening verticals and get more customers

Yes Bank on Tuesday said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank. The two private equity (PE) funds together would pump in about Rs 8,896 crore in Yes Bank with full conversion of warrants into equity. The bank has allotted a total of 369.61 crore shares of face value Rs 2 each and 255.97 share warrants convertible into equity shares of face value Rs 2 each on a preferential basis to CA Basque Investments, a Carlyle Group entity, and Verventa Holdings Limited, an Advent group entity, Yes Bank said in a regulatory filing. Pursuant to the allotment of the equity shares, the total issued and paid-up share capital of Yes Bank has increased from Rs 5,011.31 to Rs 5,750.54, it said. CA Basque Investments was allotted 184.80 shares with a face value of Rs 2 at an issue price of Rs 13.78 and 127.98 share warrants carrying a right to exercise, get issued and allotted 1 (One) equity share with a face value of Rs 2 for each warrant at a pr

PE firm previously submitted the highest non-binding bid for the business

Banking sources said Piramal group has sought 12 weeks' extension, while PE major Advent wants time till Jan-end 2023, citing delays in completing due diligence

PE funds like Advent, TPG, Temasek and GIC have sped up their investments in India with larger cheques of $100 million or more

Yes Bank Ltd said on Friday it will sell up to 10% stake to U.S. private equity firms Carlyle Group Inc and Advent International for $1.1 billion

Carlyle's top executives and Advent's leaders in a series of meetings with Yes Bank and SBI's senior management, and RBI officials this week decided the contours of the investment plan

Will move to a new role as a senior advisor to both Eureka Forbes and Advent International

'Will not look at younger start ups where the cheque size threshold is met just because of high valuation'