Acquisition History / Tangerine Investments Limited / IDFC Asset Management Company Limited

Tangerine Investments Limited Acquires IDFC Asset Management Company Limited

Announced January 2022 — $508.5M

Tangerine Investments LimitedAsset management2022

What happened

Mutual fund asset manager (now Bandhan AMC) Acquired through Tangerine Investments Limited, a vehicle of ChrysCapital IX, LLC; Corpus Management Company IX, LLC; ChrysCapital; Bandhan Financial Holdings Limited; Lathe Investment Pte. Ltd.. CCI summary: Tangerine is a wholly-owned subsidiary of ChrysCapital IX, LLC, managed by Corpus Management Company IX, LLC Source: https://www.cci.gov.in/images/summaryorders/en/summary1652852321.pdf

Acquirer
Tangerine Investments Limited
Target
IDFC Asset Management Company Limited
Announced
January 2022
Price
$508.5M
Industry
Asset management
Buyer type
Private equity
Fund vehicle
Tangerine Investments Limited
Backing investors
ChrysCapital IX, LLC, Corpus Management Company IX, LLC, ChrysCapital, Bandhan Financial Holdings Limited, Lathe Investment Pte. Ltd.
Status
Closed

By the numbers

Tangerine Investments Limited's acquisition history
1st of 1 tracked deals
Disclosed prices
1 of 1 Tangerine Investments Limited deals
Tangerine Investments Limited's average disclosed price
$508.5M
Tangerine Investments Limited's largest disclosed deal
IDFC Asset Management Company Limited ($508.5M)
Tracked acquisitions in 2022
78 across all acquirers
Tangerine Investments Limited in Asset management
1 acquisition

Frequently Asked Questions About This Acquisition

When did Tangerine Investments Limited acquire IDFC Asset Management Company Limited?

Tangerine Investments Limited acquired IDFC Asset Management Company Limited on January 2022. This was Tangerine Investments Limited's 1st publicly tracked acquisition out of 1 we have on record.

How much did Tangerine Investments Limited pay for IDFC Asset Management Company Limited?

Tangerine Investments Limited paid $508.5M for IDFC Asset Management Company Limited.

What does IDFC Asset Management Company Limited do?

Mutual fund asset manager (now Bandhan AMC) Acquired through Tangerine Investments Limited, a vehicle of ChrysCapital IX, LLC; Corpus Management Company IX, LLC; ChrysCapital; Bandhan Financial Holdings Limited; Lathe Investment Pte. Ltd.. CCI summary: Tangerine is a wholly-owned subsidiary of ChrysCapital IX, LLC, managed by Corpus Management Company IX, LLC Source: https://www.cci.gov.in/images/summaryorders/en/summary1652852321.pdf

What other Asset management companies has Tangerine Investments Limited acquired?

IDFC Asset Management Company Limited is Tangerine Investments Limited's only publicly tracked acquisition in Asset management so far.

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