Quadria Capital to Acquire Milestone Religare Investment Advisors

March 21, 2013

On March 21, 2013, Business Standard reported that Quadria Capital Investment Advisors had reached an agreement to acquire Milestone Religare Investment Advisors, a joint venture between Milestone Capital and Religare.


On March 21, 2013, Business Standard reported that Quadria Capital Investment Advisors had reached an agreement to acquire Milestone Religare Investment Advisors Private Limited, a joint venture between Milestone Capital and Religare.  Milestone has been in talks with potential buyers since August 2011.  Through the joint venture, Milestone manages two private equity funds that invest in the healthcare and education sectors.  Quadria Capital is sponsored and supported by Religare Global Asset Management, an alternative investment platform.  The terms of the deal were not disclosed.

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Categories

Investment Manager M&A, Private Equity M&A, Transactions