AZB & Partners Advised Bain Capital

AZB & Partners Advised Bain Capital

AZB & Partners acted for Bain Capital, which sold its entire residuary ownership of 3.59% in L&T Finance Limited by way of block deals, at an aggregating gross consideration of USD 180 million (approximately).

In September 2023, Bain Capital had sold 2.82% stake in L&T Finance.

Bain Capital is an American private investment firm specializing in private equity, venture capital, credit, public equity, impact investing, life sciences, crypto, tech opportunities, partnership opportunities, special situations, and real estate. Bain Capital invests across a range of industry sectors and geographic regions.

The deal team comprised of Anil Kasturi (Senior Partner) and Nandita Govind (Senior Partner), Rohit Dutta (Senior Associate) and Saksham Shrivasta (Associate). They were assisted on the financing aspects by Hufriz Wadia (Partner) and Shivani Agarwal (Senior Associate).

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