Warburg Pincus has entered into definitive agreement to acquire 80% stake in Avanse Financial Services Ltd from Wadhavan Global Capital group..Wadhawan Global Capital has agreed to sell its 49.04 percent stake while Dewan Housing Finance Limited, a WGC Group company with a 30.63 percent stake, will also be exiting Avanse Financial Services..AZB & Partners acted for Warburg Pincus and the team was led by Partner Vaidhyanadhan Iyer along with Associates Sneha Nagvekar and Farah Titina..Shardul Amarchand Mangaldas & Co advised Wadhawan Global Capital and Dewan Housing Finance Corporation Limited. The SAM team was led by Partner Jay Gandhi along with Principal Associate Abhishek Parekh, Senior Associates Nikhil Joseph and Puloma Mukherjee, and Associate Namrata Mehta.
Warburg Pincus has entered into definitive agreement to acquire 80% stake in Avanse Financial Services Ltd from Wadhavan Global Capital group..Wadhawan Global Capital has agreed to sell its 49.04 percent stake while Dewan Housing Finance Limited, a WGC Group company with a 30.63 percent stake, will also be exiting Avanse Financial Services..AZB & Partners acted for Warburg Pincus and the team was led by Partner Vaidhyanadhan Iyer along with Associates Sneha Nagvekar and Farah Titina..Shardul Amarchand Mangaldas & Co advised Wadhawan Global Capital and Dewan Housing Finance Corporation Limited. The SAM team was led by Partner Jay Gandhi along with Principal Associate Abhishek Parekh, Senior Associates Nikhil Joseph and Puloma Mukherjee, and Associate Namrata Mehta.
