Acquisition History / 360 ONE WAM Ltd / Batlivala & Karani Securities India Pvt Ltd and B&K Finserv
360 ONE WAM Ltd Acquires Batlivala & Karani Securities India Pvt Ltd and B&K Finserv
Announced January 27, 2025 — $212.9M
What happened
Wealth and asset manager 360 ONE WAM agreed to acquire Batlivala & Karani Securities and Batlivala & Karani Finserv for Rs 1,884 crore, a price that includes Rs 200 crore of cash and cash equivalents on the target's books. B&K is a mid-cap focused brokerage serving foreign and domestic institutions. B&K managing director Sahil Murarka joined 360 ONE to lead its broking and capital markets business.
- Acquirer
- 360 ONE WAM Ltd
- Target
- Batlivala & Karani Securities India Pvt Ltd and B&K Finserv
- Announced
- January 27, 2025
- Price
- $212.9M
- Industry
- Institutional equity broking
- Buyer type
- Strategic acquirer
- Backing investors
- Bain Capital (shareholder in acquirer)
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did 360 ONE WAM Ltd acquire Batlivala & Karani Securities India Pvt Ltd and B&K Finserv?
360 ONE WAM Ltd acquired Batlivala & Karani Securities India Pvt Ltd and B&K Finserv on January 27, 2025. This was 360 ONE WAM Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did 360 ONE WAM Ltd pay for Batlivala & Karani Securities India Pvt Ltd and B&K Finserv?
360 ONE WAM Ltd paid $212.9M for Batlivala & Karani Securities India Pvt Ltd and B&K Finserv.
What does Batlivala & Karani Securities India Pvt Ltd and B&K Finserv do?
Wealth and asset manager 360 ONE WAM agreed to acquire Batlivala & Karani Securities and Batlivala & Karani Finserv for Rs 1,884 crore, a price that includes Rs 200 crore of cash and cash equivalents on the target's books. B&K is a mid-cap focused brokerage serving foreign and domestic institutions. B&K managing director Sahil Murarka joined 360 ONE to lead its broking and capital markets business.
What other Institutional equity broking companies has 360 ONE WAM Ltd acquired?
Batlivala & Karani Securities India Pvt Ltd and B&K Finserv is 360 ONE WAM Ltd's only publicly tracked acquisition in Institutional equity broking so far.