Funding
Partners Group to acquire majority stake in Infinity Fincorp for Rs 1,950 crore
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Swiss private equity firm Partners Group will acquire a majority stake in Infinity Fincorp Solutions, a Mumbai-based non-bank lender focused on MSMEs, through an investment of Rs 1,950 crore (around $230 million), the companies said on Wednesday.
The deal, which includes participation from existing shareholder Jungle Ventures, comprises a primary infusion of Rs 600 crore ($70 million) and a secondary purchase of shares from Indium IV (Mauritius) Holdings and other shareholders.
ET first reported on the potential transaction on June 20.
“Infinity…
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