Capri Stressed Assets Fund commits €45m in debut investment in ‘Unbrako’ brand owner Deepak Fasteners Ltd
Mumbai – CFI is pleased to announce it acted as exclusive financial advisor to Deepak Fasteners Limited in it’s acquisition of €45m in funding from Capri Stressed Assets Fund.
Established in 1958, Deepak Fasteners is the owner of the brand Unbrako and has currently installed capacity of 49,000 MT and 5 manufacturing facilities globally. It has wide range of over 20,000 SKUs catering to diverse industry segments with a distribution network across 40 countries and 250 plus dealers in India. It is already a PE funded company and current investors are DEG and Banyantree Growth Capital.
Capri Xponentia Managers LLP (CXM) is the investment manager of Capri Stressed Assets Fund, a Scheme of Capri India Investment Fund (earlier Capri India Real Estate Investment Fund). CXM is a joint venture between the Founders of Capri Global Group and Xponentia Capital Partners.
Sanjeev Kalra, Promoter of Deepak Fasteners added, “We plan to capture a major share of global market for industrial fasteners with an extensive and accessible worldwide marketing and distribution network and with our range of Made-in-India “Unbrako” fasteners. Capri Xponentia’s investment is a testament to our capability and potential. We are confident that we will be able to achieve our future targets and come out with an IPO in near future.”
This transaction closed on 14 June 2022.
Related
Automotive

has raised debt funding from

Transaction details
Capri Stressed Assets Fund commits $48 mn in debut investment in ‘Unbrako’ brand owner Deepak Fasteners Ltd
This transaction was advised by:

Raj Shroff
Partner, Managing Director
Nirav Shah
Senior Vice PresidentOur latest transactions
Real Estate & Construction

has been acquired by

Transaction details
Blue Bay Building Products has been acquired by Wolseley Group, a leading specialist provider of plumbing, heating, cooling, and utility products to trade customers
Food & Beverage & Agribusiness

has sold

to

Transaction details
Fleury Michon has sold Room Saveurs, a trading company and laboratory specialized in the development of meal trays, to Kumo
Industrials

has transferred the equity interests of its subsidiary

to

Transaction details
Maezawa Kyuso Industries has transferred the equity interests of Maezawa Kyuso (Nanchang) to Guangzhou Hongxing Investment Co., Ltd.
Software & IT Services

have sold

to
a portfolio company of

Transaction details
Companyweb, the leading provider of subscription-based credit information and private company data intelligence in Belgium, has been sold to Altares, a provider of B2B data solutions, servicing medium and large companies across the entire data value chain