Equirus - Services

Education

The current private education market in India is estimated at ~US$ 40bn and is expected it to grow to $68bn in three years. According to analyst estimates, this market size could triple to US$ 110 - 120bn in ten years’ time. The combination of a large growing population and lack of proper educational facilities makes India amongst the world’s largest potential markets for education and training.

With the thorough understanding of the regulated as well as unregulated education sector in India, we help our clients achieve strategic objectives through appropriate transaction structures - whether it is M&A, PE fund raising or Structured Finance transactions.

In September 2009, we advised IMS Learning Resources Private Limited in raising Private Equity capital from Milestone Religare Investment Advisors Private Limited.

Logistics

Indian logistics industry presently estimated at ~US$ 135bn is expected to grow at a CAGR of ~25% to reach US$ 385bn by 2015. India is among the fastest growing economies in the world and has managed to quickly recover from the global recession. With higher manufacturing and other industry growth, the overall growth in the logistics sectors is bound to be robust.

Today, the Logistics businesses need capital for capacity expansion and for acquisitions. At Equirus, we have the resources and experience to guide you successfully through these complex transactions.

Equirus advised AFL Limited’s in its acquisition of Unifreight India Private Limited.

Security Services & Facility Management

In India, security services are experiencing high growth rate primarily due to threat from terror groups. The demand from hospitality, manufacturing, retail, real estate, hospital and education businesses is expected to drive growth of facility management businesses.

The Indian security services and facility management market consists of a number of players with only a handful of large companies. Equirus has relationships with all major and a large number of smaller security services and facility management providers. This gives us leverage to provide M&A advisory as well as explore exciting Private Equity targets.

Amongst the major transactions, Equirus advised Tops Security Limited in the INR 2,390mn acquisition of Shield Guarding Company Limited in May 2008.

Nimesh Shah (Director)
Nimesh brings 20+ years experience in Investment Banking (PE and M&A) and Consultancy (Financial and Structuring consulting). Prior to joining Equirus, Nimesh was a Director at Cipher Capital Advisors, a boutique Investment Bank focused on PE and M&A where he was involved in 17 + transactions aggregating US$ 370mn. He has worked across sectors including Food, Consumer, Education, Infra and Water Treatment, Auto Ancillary, Chemicals, Engineering, Retail and Media. Nimesh is a Chartered Accountant and a Chartered Financial Analyst. Nimesh can be reached at nimesh@equirus.com

Mohit Khullar (Associate Director)
Mohit has over 9 years of experience and is a member of Private Equity advisory practice at Equirus. He has successfully concluded multiple transactions including Private Equity fund raising for Dalmia Cement, Sharekhan and IMS Learning Resources. He has also advised AFL Limited on the acquisition of Unifreight India Private Limited and the Raymond Group on the acquisition of Trinity India Limited. Mohit earlier worked with Standard Chartered Bank as a part of the Global Account Management team for the TATA Group, where he was involved in the non recourse acquisition finance for Tata Steel’s leveraged buyout of Corus Group plc. He completed his B.E. in Electronics & Communications from N.S.I.T. (formerly D.I.T.), New Delhi and is an I.I.M. Lucknow alumnus. Mohit can be reached at mohit@equirus.com