Announced
Completed
A consortium of investors completed the acquisition of a minority stake in Avalon Technologies for $47m.
Financials
Sources
Tags
India
electronic manufacturing services
Semiconductors
Acquisition
Minority
Private
Private Equity
Domestic
Completed
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Synopsis
A consortium of investors including Nomura, Goldman Sachs, Aditya Birla Sun Life Insurance Company, HDFC Life Insurance Company, Franklin India Mutual Fund, Ashoka India Opportunities Fund, HDFC Mutual Fund and WhiteOak Capital completed the acquisition of a minority stake in Avalon Technologies, an electronic manufacturing services company, for $47m.
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