Partners Group to acquire majority stake in Infinity Fincorp for Rs 1,950 crore
By
Binu Mathew
Swiss private equity firm Partners Group will acquire a majority stake in Infinity Fincorp Solutions, a Mumbai-based non-bank lender focused on MSMEs, through an investment of Rs 1,950 crore (around $230 million), the companies said on Wednesday.
The deal, which includes participation from existing shareholder Jungle Ventures, comprises a primary infusion of Rs 600 crore ($70 million) and a secondary purchase of shares from Indium IV (Mauritius) Holdings and other shareholders.
