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Everstone to sell controlling stake in Rubicon Research
Mumbai, April 04, 2019 –Everstone Group’s Singapore fund, will sell its entire stake in Rubicon Research (Rubicon) to a global private equity player, generating 4.5x multiple and a 92% IRR in a span of two and a half years. This…...
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Modern Food Enterprises relaunches iconic brand in Lucknow with enhanced portfolio
Lucknow, 25 Mar 2019: Modern Food Enterprises Pvt. Ltd. (MFEL) has today relaunched its iconic Modern brand with new brand positioning; brand identity; fresh, vibrant and contemporary packaging; and an enhanced portfolio of superior and healthier products in Lucknow. The…...
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Everstone-backed Everlife invests in Chennai based CPC Diagnostics
Mumbai, March 13, 2019 – The Everstone Group via its healthcare platform Everlife has acquired a stake in Chennai based CPC Diagnostics, to include core in-vitro diagnostics (IVD) segments in its portfolio of medical devices and extend its geographical presence…...
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EverSource Capital and NIIF announce partnership with CDC to invest in its renewable energy platform Ayana
Mumbai/London, 28 February 2019: EverSource Capital (a joint venture between Everstone Capital and Lightsource BP) and the National Investment and Infrastructure Fund of India (NIIF) have today announced a partnership with CDC Group in Ayana Renewable Power (Ayana), the renewable…...
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Everstone and GLP Establish Modern Logistics Ecosystem Partnership in India
Mumbai, December 12, 2018 – Everstone and GLP have established a long-term partnership dedicated to investing in the logistics ecosystem in India. The collaboration, the first of its kind in India, expects to invest approximately US$500 million in strategies and…...
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IndoSpace and GLP Form Strategic Partnership
Mumbai, 23 September 2018 – IndoSpace, the largest industrial real estate company in India, and GLP, the leading global provider of modern logistics facilities and technology-led solutions, have established a long-term partnership. GLP will partner with IndoSpace and also co-invest…...
