Moving into India’s engineering sector, Nadathur Group has acquired Insight Engineering Pvt. Ltd. Terms were not released. o3 Capital, a mid-market investment bank in India, was sole advisor to the transaction.
It is a pleasure to announce that our client, Nadathur Group,
has acquired Insight Engineering Pvt. Ltd. (“Insight”), to mark its foray into the engineering sector in India.
As part of the transaction, Jaggi Nadig from Nadathur has been inducted into the board of Insight as a Director. Commenting on the transaction, Nadig said “With this acquisition, Nadathur has strengthened its focus on creating a Technology Platform in the Engineering Space”.
o3 Capital was the Sole Advisor to the transaction.
Insight is an engineering firm with expertise in design, manufacturing of component cleaning machines and surface treatment lines for industries such as automobiles, FMCG, aerospace. These machines are used to clean/coat components post-manufacturing and before assembly. Insight is one of the leaders in India in this niche segment and its strength lies in designing customized solutions for its clients. Insight has design and manufacturing facilities in Mumbai and Chennai.
Nadathur Group, founded by N. S. Raghavan, co-founder of Infosys Technologies, has investments spread across multiple asset classes and investment life cycles – from angel and venture funds to private equity, public equity and debt. It has presence across a diversified portfolio of industries including hospitality, education, technology, life sciences, real estate and engineering amongst others.
o3 Logo o3 Capital
o3 Capital is a leading mid-market investment bank in India, focused on private equity capital syndication, cross border M&A and strategic advisory services. The company focuses on industries where Indian companies have a strategic growth advantage, including Pharmaceuticals and Healthcare, Consumer Markets & Retail, IT / ITES and Infrastructure & Real Estate. o3 Capital has closed 68 transactions in the last 6 years across verticals and product groups aggregating to over USD 3.6 Bn in transaction value.
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