Exclusive Financial Advisor to Epack Durable for Private Equity Fund Raise from ICICI Venture

Private Equity

Service

September 2021

Date

Industrials

Sector

INR 1,600 MN

Deal Value

Exclusive Financial Advisor to Epack Durable for Private Equity Fund Raise from ICICI Venture

Deal Highlights:

  • The deal involves a private equity investment by ICICI Venture in Epack Durable Private Limited (Epack) for a minority stake
  • Epack would use the funds raised to expand existing manufacturing facilities and set up new greenfield manufacturing plants
  • The transaction reaffirms strong investor interest in the ‘Make-in-India’ theme
  • The deal further strengthens our IB’s Industrials franchise and once again demonstrates our ability to close marquee deals for quality clients, independent of the market environment

About Epack:

  • Epack is India’s 2nd largest ODM/OEM manufacturer of Air Conditioners and a leading manufacturer of Small Home Appliances including Induction Cooktop, Juicer Mixer Grinder and Water Dispenser

Our Contribution:

  • As the Exclusive Financial Advisor, we played a critical role in highlighting the investment thesis, marketing, structuring and executing the transaction to meet objectives of all the stakeholders