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IndiaRF completed a $68m investment in Impresario.

Financials

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Transaction Value£57m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

restaurant operator

Restaurants and Bars

Single Bidder

India

Private Equity

Domestic

Majority

Private

Completed

Friendly

Synopsis

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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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