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Mergers & Acquisitions | 20 September 2012

Carlyle Backed Elitecore Plans Inorganic Growth: Targets Europe

by Paritosh Gajjar
Carlyle Backed Elitecore Plans Inorganic Growth: Targets Europe
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Network security provider Elitecore Technologies Limited is in talks with a few leading telecom products players in Europe for acquisitions of around $30 Mn.

The planned acquisition would be funded by more private investment from existing investor Carlyle or any other player, apart from debt and company’s own cash accruals.

Back in 2007, Carlyle Group had invested $10.3 Mn in the company for around 33% stake to boost growth.

Superhouse Acquires Spanish Footwear Company - Linea De Seguridad

Superhouse Acquires Spanish Footwear Company - Linea De Seguridad

Superhouse Limited has acquired Spanish safety footwear manufacturer Linea De Seguridad. S. L for around 855000 euros.

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On Demand Salon And Beauty Platform Vyomo Raises Funds

On Demand Salon And Beauty Platform Vyomo Raises Funds

Yuvraj Singh backed Vyomo, has raised less than R13.23 Cr ($2 Mn) in Pre Series A round from Berlin-based Rocket Internet.

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