Warburg Pincus Acquires 80% Stake in Avanse Financial Services

Warburg Pincus to Acquire Majority Stake in Vistaar Finance

October 10, 2022

Financial Services

An affiliate of Warburg Pincus has entered into definitive agreements to acquire a majority stake in Vistaar Finance, a Bengaluru-based NBFC that provides secured loans to micro, small and medium enterprises across India. Exiting shareholders include WestBridge Capital, Elevar Equity, Omidyar Network India and Saama Capital; the deal is subject to regulatory approvals and aims to scale Vistaar's MSME lending franchise.

Warburg Pincus Acquires $125M Minority Stake in Contabilizei

October 11, 2024

Accounting & Tax

Warburg Pincus has made a $125 million minority investment in Contabilizei, becoming the company’s largest shareholder after purchasing stakes from earlier venture investors including Kaszek. The capital will support the São Paulo–based accounting technology firm — which serves over 50,000 clients, employs roughly 1,200 specialists, and generated more than R$300 million in revenue — as it scales its automated tax and accounting platform and expands financial services offerings.

Warburg Pincus Acquires Majority Stake in Ebco

August 16, 2024

Manufacturing

Warburg Pincus has acquired a majority equity stake in Ebco Private Limited, one of India’s largest furniture fittings and architectural hardware manufacturers. Ebco’s promoters will retain a significant minority and remain involved in the business; the investment is intended to support national expansion, deepen manufacturing and R&D capabilities, and scale distribution across India.

Warburg Pincus Invests $95M in Home First Finance

October 2, 2020

Financial Services

US private equity firm Warburg Pincus, via affiliate Orange Clove Investments BV, agreed to invest about $95 million (INR 700 crore) in Home First Finance Company India Ltd on October 2, 2020. The transaction comprises a mix of primary capital and secondary share purchases from existing shareholders to support Home First's next phase of expansion in the affordable housing finance segment.

Warburg Pincus Invests $400M in WEX Inc.

June 29, 2020

Payments & Fintech

WEX Inc. agreed to a $400 million private investment from an affiliate of Warburg Pincus, consisting of $310 million of convertible notes and $90 million of common stock, and also obtained an amendment to its senior secured credit facilities to increase financial flexibility. The transaction strengthens WEX's balance sheet and liquidity as it navigates COVID-19 headwinds and supports its strategic initiatives across fleet, travel and healthcare payments.

Warburg Pincus Invests in Everise; Everstone Exits as Brookfield Remains Partner

October 3, 2023

Healthcare Services

Warburg Pincus has agreed to invest in Everise, joining existing investor Brookfield Business Partners and valuing the company at around $1 billion. Everstone Group will exit its investment; the capital will support Everise’s continued growth, expansions and M&A initiatives. The company is headquartered in the United States and employs over 19,000 people across eight markets.