Announced
Completed
Synopsis
Bain Capital, a private investment firm, completed the investment in RSB Transmissions, a manufacturer of automotive, construction, and off highway equipment systems and aggregates. Financial terms were not disclosed. "RSB is on the brink of a significant milestone as we celebrate 50 years of successful operations. From humble beginnings with just fifteen employees in Jamshedpur, this momentous occasion prompts us to reflect on our journey and look toward the future. We’ve established a strong foundation and see significant opportunity to expand and diversify in this next stage of growth. Over the past eighteen months, we’ve had the pleasure of establishing a deep relationship with the Bain Capital team and have aligned on a joint vision for the future of RSB. We believe they are the right partner, with deep integrity and strategic capabilities, to help RSB 2.0 succeed and leverage growth opportunities on a global scale,” S.K. Behera, RSB Founder.
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