Acquisition History / APAC Company XXIX Limited / Manappuram Finance Limited
APAC Company XXIX Limited Acquires Manappuram Finance Limited
Announced January 2024 — Price not disclosed (CCI combination order)
What happened
Gold loan NBFC Acquired through APAC Company XXIX Limited, a vehicle of Bain Capital; BC Asia Investments XX Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1727444281.pdf
- Acquirer
- APAC Company XXIX Limited
- Target
- Manappuram Finance Limited
- Announced
- January 2024
- Price
- Price not disclosed (CCI combination order)
- Industry
- Non-bank financial services
- Buyer type
- Private equity
- Fund vehicle
- APAC Company XXIX Limited
- Backing investors
- Bain Capital, BC Asia Investments XX Limited
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did APAC Company XXIX Limited acquire Manappuram Finance Limited?
APAC Company XXIX Limited acquired Manappuram Finance Limited on January 2024. This was APAC Company XXIX Limited's 1st publicly tracked acquisition out of 1 we have on record.
How much did APAC Company XXIX Limited pay for Manappuram Finance Limited?
APAC Company XXIX Limited paid Price not disclosed (CCI combination order) for Manappuram Finance Limited.
What does Manappuram Finance Limited do?
Gold loan NBFC Acquired through APAC Company XXIX Limited, a vehicle of Bain Capital; BC Asia Investments XX Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1727444281.pdf
What other Non-bank financial services companies has APAC Company XXIX Limited acquired?
Manappuram Finance Limited is APAC Company XXIX Limited's only publicly tracked acquisition in Non-bank financial services so far.
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