Pitti Engineering, a leading engineering company in India, has successfully raised ₹35,999.99 lakhs through a Qualified Institutions Placement (QIP). This strategic fundraising was initiated on July 8, 2024, and concluded on July 11, 2024, following the Fund Raising Committee’s approval to allot 34,14,749 equity shares to qualified institutional buyers at a price of ₹1,054.25 per […]
Propel Equity, a new player in the private equity field, has announced its entrance into the market alongside the closure of its platform investment in Flow Services Holdings. Specializing in driving transformational growth within lower middle-market companies, Propel Equity is set to become a significant force in nurturing businesses towards market leadership, leveraging both organic […]
In a strategic move underscoring the dynamism within the lower middle market, Dubin Clark, a private equity firm renowned for nurturing niche market leaders, announced the sale of its portfolio company, PEAK Event Services, to Bright Event Rentals, a portfolio entity of Trivest Partners. This transaction not only signifies a pivotal growth phase for PEAK […]
Veoneer has officially completed the sale of its Restraint Control Systems business to American Industrial Partners Capital Fund VII (AIP Fund VII), a significant transaction first publicized on December 6, 2023. This move marks a pivotal shift in Veoneer’s operational focus, emphasizing the company’s strategic reorientation. The acquisition, involving Veoneer, a leader in Automotive Safety […]