The Everstone Group
Private | |
ISIN | 🆔 |
Industry | Alternative Investment |
Founded 📆 | 2006 |
Founders 👔 | Sameer Sain Atul Kapur |
Headquarters 🏙️ | Singapore |
Area served 🗺️ | India Philippines US Singapore Indonesia |
Key people | Dhanpal Jhaveri Rajesh Jaggi P M Devaiah |
💎 AUM | US$ 4 billion |
Members | |
Number of employees | |
🌐 Website | www.everstonecapital.com |
📇 Address | |
📞 telephone | |
The Everstone Group is a private equity and real estate investment firm focusing on India and Southeast Asia mainly, with assets under management of approximately US$4 billion[1]. The firm has its headquarters in Singapore, and has an institutional platform with professionals working across six offices: Singapore, Mumbai, Delhi, Bengaluru, Mauritius and London. The four main lines of business are PE, real estate, credit and consumer ventures[2].
History[edit]
In 2006, Sameer Sain and Atul Kapur founded The Everstone Group in London, United Kingdom[3]. They then shifted its headquarters to Singapore. Everstone has expanded to a team of over 250 professionals, with six offices across India, the United Kingdom, Singapore, and Mauritius[4]. Everstone has invested in and developed more than 50 million square feet of retail and industrial real estate across India. Everstone was awarded ‘Mid-Market Firm of the Year in Asia’ in 2016 and 2017, and the ‘Private Equity Firm of the Year in India’ from 2011 to 2017[5].
Investments[edit]
The Everstone Group is a major PE investor in India and South East Asia with investments in Burger King in India and Indonesia[6], Domino's Pizza in Indonesia[7], IndoSpace in India[8], IndoStar Capital Finance[9], and DSG Consumer Partners[10], among others. Overall, it has invested in over 30 portfolio companies in sectors like healthcare, retail, F&B, financial services, industrial, education, and business services (consumer and consumer-led sectors).
Recent investments and exits[edit]
Recent transactions include:
- In July 2018, Ozone Enterprise Group, company backed by Everstone acquired security frim Wallcam[11][12]
- In July 2018, Everstone acquired Cookie Man from Australian Foods for an undisclosed sum. [13][14]
- In May 2018, Everstone-backed IndoStar Capital launched IPO.[15]
- In November 2017, Everstone Group acquired Malaysian medical products company Chemopharm.[16]
- In August 2017, Everstone sold Faces Cosmetics to Sequoia Capital for $40 million.[17]
- In January 2017, Everstone invested $35 million in nutraceutical ingredients maker OmniActive.[18]
- In October 2016, Everstone invested $33 million in Rubicon Research.[19]
References[edit]
- ↑ "Everstone is bullish on platform deals". Business Line. Retrieved 13 September 2017.
- ↑ "Company Overview of Everstone Capital". Bloomberg L.P. Retrieved 5 January 2018.
- ↑ "The building of Everstone Capital". Mint. Retrieved 30 November 2017.
- ↑ "Our People". Everstone. Retrieved 1 May 2018.
- ↑ "PEI Awards 2017: See the winners". PEI Media. Retrieved 3 March 2018.
- ↑ "Fast-food chain Burger King to enter India with PE firm Everstone Capital". The Economic Times. Retrieved 25 September 2015.
- ↑ "Indonesian retailer Mitra Adiperkasa to sell stakes in pizza, burger chains". Reuters. Retrieved 20 December 2016.
- ↑ "Everstone Group, CPPIB set up logistics joint venture IndoSpace Core". Mint. Retrieved 25 September 2017.
- ↑ "Exclusive: Everstone-backed IndoStar Capital revives IPO plan". VCCircle. Retrieved 20 January 2018.
- ↑ "DSG closes India, Southeast Asia consumer fund at $50m". Acuris. Retrieved 10 November 2017.
- ↑ "Ozone Enterprise acquires security firm Wallcam". Business Line. Retrieved 3 August 2018.
- ↑ "Ozone acquires surveillance camera firm Wallcam". The Times of India. Retrieved 1 August 2018.
- ↑ "Everstone acquires city-headquartered Cookie Man". The Times of India. Retrieved 26 July 2018.
- ↑ "Everstone acquires Cookie Man from Australian Foods for an undisclosed sum". Business Standard. Retrieved 26 July 2018.
- ↑ "IndoStar Capital Finance IPO Subscribed 0.41 Times On First Day Of Bidding". BloombergQuint. Retrieved 11 May 2018.
- ↑ "Everstone Group acquires Malaysian medical products company Chemopharm". Business Line. Retrieved 14 January 2018.
- ↑ "Sequoia India acquires Canadian cosmetics brand Faces from Everstone". Business Standard. Retrieved 30 November 2017.
- ↑ "Everstone makes third healthcare acquisition, investing US$35 million in OmniActive Health". Reuters. Retrieved 10 March 2017.
- ↑ "Everstone buys majority stake in Rubicon Research". The Times of India. Retrieved 14 December 2016.
External Links[edit]
- Official website
- Everstone at Crunchbase
- "Everstone Capital: Private Company Information - Bloomberg". Bloomberg. Retrieved 2016-07-23.
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