Acquisition History / Kotak Strategic Situations India Fund II / Ace Designers Limited
Kotak Strategic Situations India Fund II Acquires Ace Designers Limited
Announced January 2025 — $135.6M
What happened
CNC machine tool manufacturer Acquired through Kotak Strategic Situations India Fund II, a vehicle of Kotak Alternate Asset Managers Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1742910106.pdf
- Target
- Ace Designers Limited
- Announced
- January 2025
- Price
- $135.6M
- Industry
- Machine tools
- Buyer type
- Private equity
- Fund vehicle
- Kotak Strategic Situations India Fund II
- Backing investors
- Kotak Alternate Asset Managers Limited
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Kotak Strategic Situations India Fund II acquire Ace Designers Limited?
Kotak Strategic Situations India Fund II acquired Ace Designers Limited on January 2025. This was Kotak Strategic Situations India Fund II's 2nd publicly tracked acquisition out of 2 we have on record.
How much did Kotak Strategic Situations India Fund II pay for Ace Designers Limited?
Kotak Strategic Situations India Fund II paid $135.6M for Ace Designers Limited.
What does Ace Designers Limited do?
CNC machine tool manufacturer Acquired through Kotak Strategic Situations India Fund II, a vehicle of Kotak Alternate Asset Managers Limited. Source: https://www.cci.gov.in/images/summaryorders/en/summary1742910106.pdf
What other Machine tools companies has Kotak Strategic Situations India Fund II acquired?
Ace Designers Limited is Kotak Strategic Situations India Fund II's only publicly tracked acquisition in Machine tools so far.
More Kotak Strategic Situations India Fund II acquisitions
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Price not disclosed (CCI combination order) · 2024
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