Mumbai, March 04, 2015 – The Everstone Group has been awarded ‘Firm of the Year’ by Private Equity International (PEI) for the fifth year running. The latest award for 2015 is by the highly reputed industry publication Private Equity International. The 2015 award, a non-stop winning streak since 2011, followed a rigorous nomination and global voting process which involved investors, peers and other PEI subscribers from the private equity industry.

Speaking on the award, announced by PEI on March 1st, Sameer Sain, Co-Founder and Managing Partner, Everstone Group said on Friday: “We’re both thrilled and humbled to have been selected for the fifth year in a row as the best private equity firm in India, and I am deeply thankful to our investors, partners and friends for their vote of confidence, as well as to our employees for their dedication and high level of professionalism.”

On the transaction front, last year, Everstone acquired Excelity Global, the Asia Pacific payroll business of AON Hewitt; Modern, Hindustan Unilever’s bread and bakery business; and also provided an additional investment in New Delhi-based education publisher S Chand Group.

The firm also exited from Global Hospitals with its sale to Malaysia’s Parkway Hospitals, generating over 3x returns on the investment. Everstone also strengthened its private equity team by hiring Walt Disney executive Roshini Bakshi and Unilever’s Rajev Shukla as Managing Directors, and Citibank executive Bhavna Thakur as Head of Capital Markets and Exits, and continues to look at further reinforcing its private equity function.

The PEI Awards are the largest and most prestigious awards within the global private equity industry. With nearly multiple categories for selection, voters have the chance to vote for the awards across the Americas, EMEA and Asia-Pacific.

About Everstone Group
The Everstone Group is a premier India and Southeast Asia focused private equity and real estate investment firm with assets under management of $3.3 billion. Headquartered in Singapore, Everstone has nearly 200 people working across five offices including Mumbai, Delhi, Bangalore and Mauritius. Everstone has been awarded ‘Private Equity Firm of the Year in India’ by Private Equity International for four consecutive years.