Acquisition History / Mizuho Securities Co Ltd / Avendus Capital Pvt Ltd (61.6% to 78.3%)
Mizuho Securities Co Ltd Acquires Avendus Capital Pvt Ltd (61.6% to 78.3%)
Announced December 17, 2025 — $523M
What happened
Mizuho Securities agreed to buy a majority stake of between 61.6% and 78.3% in Indian investment bank Avendus from KKR for up to JPY 81 billion, about $523 million, making it a consolidated subsidiary. The deal adds to Japanese financial institutions' expansion into India. KKR had held control of Avendus since 2015.
- Acquirer
- Mizuho Securities Co Ltd
- Target
- Avendus Capital Pvt Ltd (61.6% to 78.3%)
- Announced
- December 17, 2025
- Price
- $523M
- Industry
- Investment banking / financial services
- Buyer type
- Strategic acquirer
- Backing investors
- KKR (seller)
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Mizuho Securities Co Ltd acquire Avendus Capital Pvt Ltd (61.6% to 78.3%)?
Mizuho Securities Co Ltd acquired Avendus Capital Pvt Ltd (61.6% to 78.3%) on December 17, 2025. This was Mizuho Securities Co Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Mizuho Securities Co Ltd pay for Avendus Capital Pvt Ltd (61.6% to 78.3%)?
Mizuho Securities Co Ltd paid $523M for Avendus Capital Pvt Ltd (61.6% to 78.3%).
What does Avendus Capital Pvt Ltd (61.6% to 78.3%) do?
Mizuho Securities agreed to buy a majority stake of between 61.6% and 78.3% in Indian investment bank Avendus from KKR for up to JPY 81 billion, about $523 million, making it a consolidated subsidiary. The deal adds to Japanese financial institutions' expansion into India. KKR had held control of Avendus since 2015.
What other Investment banking / financial services companies has Mizuho Securities Co Ltd acquired?
Avendus Capital Pvt Ltd (61.6% to 78.3%) is Mizuho Securities Co Ltd's only publicly tracked acquisition in Investment banking / financial services so far.