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New Deal


Announced

Apollo Global Management and Synergy Metals Investments to invest $204m in JSW Cement.

Financials

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Transaction Value£151m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Acquisition

India

Cement

Private

cement production

Pending

Single Bidder

Minority

Private Equity

Friendly

Synopsis

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Apollo Global Management, a high-growth, global alternative asset manager, and Synergy Metals Investments, an energy investment firm, agreed to invest $204m in JSW Cement, a cement company based in India. "These investments show how Hybrid Value continues to strategically partner with shareholders and management teams to structure bespoke capital solutions to help achieve their strategic goals. We believe our sector expertise, global presence and extensive relationships position us to act as a value-add capital provider to a wide array of public and private companies, and find attractive investment opportunities," Rob Ruberton, Apollo Senior Partner and co-Head of Hybrid Value.

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