Warburg Pincus Affiliate Acquires Majority Stake in Imperial Auto Industries

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 (via Canyon Trail) Acquires Majority Stake in Watertec India

June 27, 2023

Building Products

Canyon Trail Investments B.V., an affiliate of Warburg Pincus, has acquired a majority stake in Watertec India Private Limited, a Coimbatore-based polymer bath-fittings manufacturer and brand. The investment will support Watertec’s growth — expanding product portfolio, strengthening brand equity, and broadening geographic reach across Tier 2/3 and rural India; Mathew Job will join as Executive Chairman.

Warburg Pincus Acquires Stake in Appasamy Associates

April 10, 2024

Medical Devices

Warburg Pincus has acquired a minority stake in Appasamy Associates Pvt. Ltd., the largest Indian manufacturer of ophthalmic equipment and intraocular lenses, to support the company's next phase of growth. Headquartered in Chennai and led by CEO Senthil Kumar alongside the promoter families, Appasamy will use the investment to scale product innovation, manufacturing and export expansion.

Warburg Pincus Acquires El Car Wash

July 18, 2022

Automotive

Warburg Pincus has acquired El Car Wash from affiliates of Wafra Inc., Audrose Partners, and Fireside Investments. The investment will support El Car Wash’s expansion — the Miami-based express car wash operator currently runs 17 locations with more than 30 sites in development and plans to grow via greenfield openings and acquisitions.

Warburg Pincus to invest ~$100M in boAt (Imagine Marketing Private Limited)

January 5, 2021

Consumer Products

An affiliate of Warburg Pincus will invest approximately $100 million in boAt (Imagine Marketing Private Limited), a leading Indian direct-to-consumer brand in personal audio and wearables. The growth investment will support boAt's market expansion, R&D, manufacturing capabilities under the Make-in-India initiative, and product portfolio expansion.

Warburg Pincus (Green Fin) Acquires Majority Stake in Parksons Packaging

April 26, 2021

Packaging

Green Fin Investments B.V., an affiliate of Warburg Pincus, acquired a majority stake in Parksons Packaging Limited, India’s largest independent folding carton manufacturer. Existing private equity investors Kedaara Capital AIF 1, Olza Holdings Limited and IIFL fully exited while the Kejriwal founder family sold a partial stake and will continue operating the business.