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Announced

Completed

Phoenix Group and Cogito Capital completed a $50m investment in Netafim.

Financials

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Transaction Value£36m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Diversified Financials

Single Bidder

Minority

Private

finance company

Acquisition

Private Equity

Cross Border

Completed

India

Friendly

Synopsis

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Phoenix Group and Cogito Capital completed a $50m investment in Netafim, an agriculture-focused non-banking finance company. Funds raised will be utilized for business expansion, enhanced offerings, and to expand horizons in the agri-rural domain and to improve its margins as it intends to service the high-cost old debt and bring down the overall cost of funds.

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