Indian M&A and PE Financing on the Up

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MUMBAI, Nov. 3 – Driven by improved liquidity and business confidence, Indian mergers and acquisitions as well as private equity activities are showing signs of recovery and the deal space is likely to see an uptrend in the coming months.

The Economic Times reports that the optimistic outlook of the global markets is now reflecting on the transaction landscape of the country.

“The current quarter has set the ground for substantial recovery in the Indian transactions market driven by easy liquidity and increasing investor’s appetite,” said global consultancy firm Ernst & Young national director and partner transaction advisory services Ranjan Biswas.

According to C G Srividya from Grant Thornton, merger and acquisition acticity in August was stable. “With 25 deals valued at about $650 million, the transaction values have been primarily driven by significant domestic deals,” he said.

Chris Devonshire-Ellis, managing partner for Dezan Shira & Associates in Mumbai believes there is an apparent increase in available liquidity. “I have just left New York and India is one of the destinations investors are closely looking at, he said. “I expect a reasonable uptake in American financed M&A deals in India next year.”

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