The year 2011 has so far aggregated $7.57 billion worth of private equity investments across 274 deals, registering a 25 per cent jump over $6.07 billion of investments for the same period (Jan-August) last year, according to data from Four-S Services. The average deal size also increased from $31.1 million to $33.1 million during the same period.
August aggregated $522.4 million of investments in Indian companies across 35 deals compared to $1.29 billion across 31 deals for the same period last year. The month of August last year was one of the best in terms of PE investments marked by some high value deals. In the largest deal during the month, Bhartiya Samruddhi Finance raised $178 million from IFC, Matrix Partners, Axis Bank, Lok Capital and others.This was followed by India Equity Partner’s $35 million investment in Sagar Ratna and IDFC’s $33 million investment in Caparo Energy India. During the month, BFSI sector topped the investment chart accounting for 40% of investments with a deal value of $209.3 million. Two out of the top five investments were in BFSI sector. Infrastructure (including power) occupied the second slot with $102.3 million worth of investments. Retail sector followed with 11 per cent share.
Source: Economic Times