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Private Equity | 4 April 2012

Concord To Raise $100Mn, Sage Capital May Part Exit

by Charmi Gutka
Concord To Raise $100Mn, Sage Capital May Part Exit
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Waste water treatment company - Concord Enviro Systems Private Limited is planning to raise $100Mn by divesting stake in the company.

Singhi Advisors is the financial advisor to the deal.

According to ET, Sage Capital is also planning to sell a small portion of its holding. Sage Capital invested R42Cr for 26% stake in Concord Enviro in 2009.

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