Announced
Completed
Financials
Sources
Tags
Acquisition
restaurant operator
Restaurants and Bars
Single Bidder
India
Private Equity
Domestic
Majority
Private
Completed
Friendly
Synopsis
India Resurgence Fund, an India-focused investment platform, completed a $68m investment in Impresario, a food and beverage company. "IndiaRF is delighted to partner with Impresario, which has built a profitable business on the back of strong brands, a professional team and a culture that allows the Company to stay nimble and creative. We plan to work alongside and augment the efforts of the management team, by leveraging on our deep operational engagement across multiple sectors. We believe that the next decade will see significant opportunities for Impresario as non-metro cities come up India’s aspirational curve and become major economic centres," Shantanu Nalavadi, IndiaRF Managing Director.
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