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New Deal


Announced

Completed

Lighthouse completed the $34m investment in Kushal’s.

Financials

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Transaction Value£26m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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jewellery

Clothing and Accessories

Minority

Private

Friendly

India

Completed

Acquisition

Domestic

Private Equity

Single Bidder

Synopsis

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Lighthouse, a private equity firm, completed the $34m investment in Kushal’s, a fashion and silver jewellery brand. “We are investing in technology to build a strong omnichannel brand and significantly enhance our digital presence. There will also be investment in hiring; there are many technology teams that will be built. Finally, we will be increasing our merchandise design capabilities,” Manish Gulechha, Kushal’s Co-Founder.

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