S-Cube, a software products company that has developed products and solutions for the structural engineering industry, was fully acquired by Bentley Systems of US, one of the largest engineering software products globally. This marks a 100% multi-bagger cash exit for the VC investor IDFC-Parampara. At a time when the VC industry is struggling for full cash exits, this transaction marks a milestone for the investor (first full exit) and is demonstrative of the quality of deals that Elbrus brings to the market.
Indian School Finance is a pioneer in school financing and one of the largest in the space. Elbrus Capital helped Indian School induct their first large PSB mainstream lender i.e., State Bank of India. This helped elevate the credit profile of the company, as well significantly reduce the cost of funds, which is a key criterion for NBFC’s. The transaction was completed in a challenging macro-economic environment, rife with stress in the banking sector and micro-lending. Elbrus Capital was able to rightly position the company with prospective lenders to enable a successful transaction. Our deep understanding of the company’s business, the industry space that Indian School operates in as well as of the requirements of lenders enabled right-structuring of the proposal to ensure transaction closure.
Genmedic is a break-through FMCG company that has developed the first vegetarian nutritional supplements in form of gummy bears (gummies) for children, marketed under the Super Gummy brand. Elbrus Capital advised Genmedic in its first institutional investment from Brand Capital (part of Bennet Coleman and Co.). Being in the FMCG sector, the ad-for-equity deal provides a springboard to Genmedic to achieve necessary visibility and top of mind recall. Inspite of being the first-in-the-space and a category creator, Elbrus Capital positioned the product formulation strengths, product vision and roadmap and the growth potential of the business to close a win-win deal with Brand Capital. The round also saw investment from existing angel investors, underlining their belief in the prospects of the business.
Innefu is a technology company that has developed products in digital security and big data. Elbrus Capital advised Innefu in preparing for their first round of institutional venture capital. Subsequently, Innefu successfully raised series A equity of $ 2.5 mn from Indianivesh.
Intrepid Capital Partners is a $ 500 million plus technology buy-out fund based in the USA. Elbrus Capital advised ICP in setting up a real estate high-yield fund for the Indian market. Elbrus Capital’s role included fund structuring, staffing, identifying various advisors and building a deal pipeline.
Blasters Sports is the owner of the football league Kerala Blasters. Elbrus managed a complex transaction that involved an outgoing investor holding a significant equity stake and the induction of multiple investors with an investment commitment for several years. The investors were spread across different geographies and the transaction had the additional challenge of stiff timelines. Elbrus project managed the transaction process.
S-Cube is the first Indian company to have developed automated software products for the structural engineering industry. Elbrus brought to the table investors who had prior exposure and experience with the engineering product space in the US, resulting in a synergistic deal for the company. This transaction also marks the first investment for IDFC-Parampara, reflecting the quality of the transaction.
Virtual Logic Systems is a developer of 3D enabled AR-VR systems for the real estate, manufacturing and other sectors. At a critical time in their growth trajectory, Elbrus helped the company induct investors with extensive relationships and deep understanding of the real estate sector. The transaction is reflective of Elbrus Capital’s ability to match a deal to the best investor.
CP World Group is one of the largest NVOCC companies in India, with annual volumes in excess of 30,000 containers and a partner network spread across 29 countries. Elbrus Capital advised CP World Group in business planning, strategy and as well as an inbound strategic transaction.
Indieon Technologies is a technology company engaged in the design and development of set-top-boxes, and one of the very few with the ability to undertake chip-level design. Elbrus Capital advised Indieon in a business planning and strategic advisory, to chart out future growth plans, diversification into services and a potential strategic transaction.
EPP Composites is a leading producer of FRP and GRP products for industrial and engineering applications. Elbrus Capital advised EPP on a technical and marketing joint venture with Newell Composites, Australia giving EPP access to the latest technologies in FRP-GRP moulding as well as opening up the international markets. The transaction was made possible due to Elbrus Capital’s understanding of the industry, the client requirements as well as international networks.