EQT Acquires IndoStar Home Finance for INR 17.5 billion

Warburg Pincus Acquires Shriram Housing Finance (now Truhome Finance) with Co-Investors Including QIA

January 15, 2025

Financial Services

Warburg Pincus, alongside co-investors including Qatar Investment Authority (QIA), acquired Shriram Housing Finance Limited from the Shriram Finance Group in December 2024 and the company has rebranded as Truhome Finance. The investment (part of which totaled ₹1,225 crore) strengthens the firm’s capital base (AUM ~INR 16,000 crore) to support scaling of affordable housing finance across India.

Bain Capital to Acquire 90% Stake in Adani Capital and Adani Housing Finance

July 23, 2023

Financial Services

Bain Capital has entered into a definitive agreement to acquire 90% of Adani Capital and Adani Housing (Adani Housing Finance), buying out the Adani family's private investments while Gaurav Gupta will roll his stake and remain CEO. Bain is committing approximately $120 million (INR 1,000 crore) of primary capital and providing a $50 million liquidity line to support growth as the lenders scale MSME, housing and rural lending; the deal is expected to close in Q4 2023 subject to approvals.

I Squared Capital Acquires Star Leasing Company

March 24, 2021

Logistics & Distribution

I Squared Capital, through its ISQ Global Infrastructure Fund II, has acquired Star Leasing Company, a Columbus, Ohio-based trailer lessor with a fleet of approximately 19,000 trailers and about 300 employees. The acquisition creates a U.S. semi-trailer platform for I Squared, enabling geographic expansion, enhanced service offerings (rentals, leasing, maintenance, sales, and breakdown services), and opportunities for bolt-on acquisitions.

EQT IX Acquires idealista from Apax Partners for €1.3 Billion

September 10, 2020

Media & Entertainment

EQT IX (advised by EQT Partners) has agreed to acquire a majority stake in idealista, the leading online real estate classifieds platform in Spain, Italy and Portugal, from funds advised by Apax Partners for €1.3 billion. idealista, headquartered in Madrid, will continue to be led by founder and CEO Jesús Encinar, with management reinvesting; EQT plans to support product and service capability expansion and further market penetration across Southern Europe.

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.

Mayfair Equity Partners Acquires Majority Stake in atHome Group from Oakley Capital

February 25, 2020

Media & Entertainment

Mayfair Equity Partners has acquired a majority stake in atHome Group, the leading online classifieds platform in Luxembourg, from Oakley Capital (Oakley Fund III), with Oakley retaining a minority stake. EQT Credit provided committed unitranche financing to support Mayfair's acquisition. atHome operates market-leading property classifieds and has expanded into automotive classifieds and mortgage broking.