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New Deal


Announced

Completed

Warburg Pincus completed the acquisition of a 90% stake in Vistaar Finance for $250m.

Financials

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Transaction Value£202m
Consideration TypeCash
Capital Owned-
Capital Bid For90%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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small finance

Majority

Friendly

Acquisition

India

lending

Single Bidder

Diversified Financials

Private Equity

business loans

Cross Border

Private

Completed

Synopsis

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Warburg Pincus, a global private equity firm, completed the acquisition of a 90% stake in Vistaar Finance, an Indian small-business lender, for $250m. ''We believe micro-enterprises in semi-urban and rural India are underserved by formal sources of credit and we believe Vistaar has the potential to fulfil that need gap and be a driver for broad-based growth in those regions and communities. Warburg Pincus has a deep history in partnering with exceptional teams, particularly within financial services and looks forward to a similarly exciting future at Vistaar,'' Narendra Ostawal, Warburg Pincus Managing Director.

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