Private equity firm Affirma Capital to invest $50 mn in Tirupati Group
01 Aug 2019
Affirma will invest $50 million to support the organic and inorganic growth initiatives of the company. Affirma Capital/Stanchart PE is one of the three PE firms that hold a stake in CCD.
Citadel Management Consulting, PwC and Themis were advisors to the Tirupati Group. Praxis Global Alliance, Deloitte and J.Sagar Associates advised Affirma Capital on this transaction.
This article was originally published on Business Standard. Read more.
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