Majority-control transactions up 23% in 2018 on IBC wave, fear of NCLT

On paper, majority control is owning anything beyond 50%, but it's really about getting the right team in place, shaping strategy, changing the CEO, and injecting new capital on a pro rata basis

The age of control deals is here to stay, as companies come under the Insolvency and Bankruptcy Code (IBC), get referred to the National Company Law Tribunal (NCLT) and the changing fortunes of industrialists evolve to accept external capital as well as give up management control of companies they cannot make perform.
 

According to data from VCC Edge, the value of control deals went up by 23 per cent from $4.8 billion in 2017 to $5.9 billion in 2018 even though the deal headcount dwindled. Seen another way, based on the data of a host of private equity (PE)