Investcorp Exits Stake in Safari Industries

Investcorp Acquires NSEIT (NSE’s Digital Technology Business) for INR 1,000 Crores

April 29, 2024

IT Services

Investcorp has agreed to acquire NSEIT, the digital technology services subsidiary of the National Stock Exchange of India (NSE), for INR 1,000 crores. The deal (which excludes NSEIT’s digital examinations business) gives Investcorp a platform in digital transformation, cloud, data & analytics and cybersecurity with strong presence across India, North America and the Middle East to accelerate global growth and US expansion.

Investcorp Leads INR 340 Crore Growth Investment in Canpac Trends

December 14, 2023

Packaging

Investcorp has led an INR 340 crore (approximately $41 million) growth investment in Canpac Trends, a paper-based packaging manufacturer headquartered in Ahmedabad. The transaction provides a partial exit to JM Financial India Fund II and will be used to expand Canpac’s production footprint across India, accelerate acquisitions and strengthen R&D.

Investcorp Acquires 50% Stake in Corsair's Infrastructure Business

December 11, 2023

Infrastructure

Investcorp has completed the acquisition of a 50% stake in Corsair Capital’s infrastructure business, forming a joint entity named Investcorp Corsair Infrastructure Partners to manage the business’s existing funds, investments, and team. The partnership positions Investcorp to expand into the global infrastructure asset class with a focus on transportation, logistics, and related subsectors while Corsair retains the remaining ownership and operating platform.

Aspen Power Partners Acquires Safari Energy; Carlyle Commits $350M to Aspen

November 3, 2022

Renewable Energy

Aspen Power Partners acquired Safari Energy, LLC from PPL Corporation and gained Safari's 220 MW portfolio and development platform. The transaction was announced alongside a $350 million investment in Aspen from funds managed by The Carlyle Group to support Aspen's organic growth and acquisition-driven strategy to reach gigawatt scale.

Investcorp Invests in XpressBees (Series E)

November 22, 2020

Transportation

Investcorp led a Series E investment in Xpressbees, an India-based end-to-end e-commerce logistics and 3PL provider. The funding will be used to automate hubs and sort centres, increase technology investment, and expand Xpressbees' delivery footprint across India.

Investcorp Acquires IDFC Alternatives' PE and Real Estate Businesses

January 30, 2019

Financial Services

Bahrain-based alternative investment manager Investcorp has acquired the private equity and real estate investment management businesses of IDFC Alternatives Limited, a subsidiary of IDFC Limited, marking Investcorp's entry into India. The deal transfers an existing team of around 20 people and roughly $430 million of combined AUM to Investcorp and is intended to expand the firm’s investment footprint and client franchise in India.