Private equity firm Advent International is acquiring a significant majority stake in innerwear maker Dixcy Textiles Private Limited..AZB & Partners acted for Advent International and the team was led by Partners Ashwin Ramanathan, Bhavi Sanghvi, Rink Ganguli along with Associate Dhruv Bhutia..Khaitan & Co advised Dixcy with a team led by Partners Haigreve Khaitan and Abhishek Sinha along with Senior Associate Abhishek Thanvi and Associate Puneet Rathsharma. Partner Adheesh Nargolkar advised on the IP aspects of the transaction..This transaction is Advent’s fourth investment in India since 2015, following its equity stake purchases in Crompton Greaves, QuESTGlobal Service and ASK Group, reported VCCircle..Here is the press release by Advent International.
Private equity firm Advent International is acquiring a significant majority stake in innerwear maker Dixcy Textiles Private Limited..AZB & Partners acted for Advent International and the team was led by Partners Ashwin Ramanathan, Bhavi Sanghvi, Rink Ganguli along with Associate Dhruv Bhutia..Khaitan & Co advised Dixcy with a team led by Partners Haigreve Khaitan and Abhishek Sinha along with Senior Associate Abhishek Thanvi and Associate Puneet Rathsharma. Partner Adheesh Nargolkar advised on the IP aspects of the transaction..This transaction is Advent’s fourth investment in India since 2015, following its equity stake purchases in Crompton Greaves, QuESTGlobal Service and ASK Group, reported VCCircle..Here is the press release by Advent International.
