NUVAMA CONTRIBUTION

• Exclusive financial advisor to Appasamy Associates Private Limited (AAPL) and founders’ families on significant stake sale to Shadow Point, an affiliate of Warburg Pincus
• Played crucial role in highlighting the investment thesis which helped garner strong interest from potential investors
• Hand-holding the client through the complex transaction/structuring process and provided guidance on deal contours
• Negotiated valuation and commercial terms resulting in desired outcomes for all stakeholders
• End-to-end project management ensuring smooth closure

DEAL DETAILS

• Largest PE investment in Medical Devices (Ophthalmology) space in India
• Sale of significant stake in AAPL to Warburg Pincus
• AAPL is the largest domestic ophthalmic product manufacturer with presence across entire value chain of ophthalmic equipment, intraocular lenses (IOL), ophthalmic pharmaceuticals products and micro surgical instruments
• AAPL has significant market share in several products and ranks amongst Top 3 players, by volume, in 15 key product segments across equipment and IOL
• Vertically integrated manufacturing with strong R&D capabilities – ability to provide high quality products at affordable prices