8/12/2019 PE Actvity 2013

1/1

Sectors Deal value Deal

($mn) volume

Real estate 1,773.8 46

Software & 1,597.6 202services

Telecom 1,264.0 1

Sectors Deal value Deal

($mn) volumeOther 1,820.6 17

Pharmaceuticals, 419.2 14biotechnology& life sciences

Banks 484.4 11

Diversified 492.2 41financials

Automobiles 545.5 6& components

Utilities 711.0 17Retailing 728.4 63

Health care 845.3 59equipment& services

A SNAPSHOT OF PE ACTIVITY & DEALS

751

655

Jan 1-Dec 31, 13

The year so far... Month-wise PE activity Deal volume Deal value ($mn)

Deal value ($mn)

Jan 1-Dec 31, 12

Jan 1-Dec 31, 13

Jan 1-Dec 31, 12

Top five PE deals this yearThe top five deals this year accounted for 27.69% ofthe total investmentin terms ofdeal value. In the largestdealthis year, Qatar Foundation Endowmentinvested $1.26 bn in New Delhi based Bharti Airtel for 5% stake

69 54 41 55 54 46 43 38 60

Apr '13 May '13 Jun '13 Jul '13 Aug 13 Sep 13 Oct 13 Nov 13 Dec13YTD

Investor Investee Stake (%) Deal value ($mn)

Qatar Foundation Endowment Bharti Airtel Ltd

KKR India Advisors PvtLtd Alliance Tire Group

ApaxPartners LLP GlobalLogic Inc

Blackstone Real Estate Partners Unitech Ltd, InfoSpace Gurgaon (G2-IST) project

Baring Private EquityAsia Hexaware Technologies Ltd

1264.05

300.0

Sector-wise allocations in 2013The real estate sector attracted the most investments accounting for 16.61% of the total investments in terms ofdeal value, with an aggregate of $1.77 bn (46 deals). The software & services sector was the second, attracting $1.59bn (14.96%) across 202 deals lastyear

Snapshot of PE activity & deals will appear on the first Thursday of every month Source: VCCEdge, the financial research platform of VCCircle.com

Dealvolume

9,

502

10,

682

1,3161,290

389.4

414.8

420.0

469.8

*Others include: Capital goods,materials, media, transportation,consumer services, food, beverage &

tobacco, consumer durables &apparel, household & personalproducts, commercial & professionalservices, technology hardware &equipment, insurance, energy, food& staples retailing

16.6

15.0

7.9

17.6

6.8

5.1

4.6

11.8

*Embassy Property Developments , HDFC Property Fund, GIC Special Investments Pte

Exit type Deal volume Deal value ($mn)

Open market 54 1,409.15

Secondary sale 26 695.6

Buyback 46 653.46

M&A 29 528.49

Initial public offering 1 175.49

Percentage(%)

15.3

18.9

100

100

61.6

90

20.1

1,883

872608

962742

428 499.5

Liquidity events/exits this yearThe year has seen 156 exits. There were 54 open marketexits worth $1.40 bn. Warburg Pincus India sold 80% stake inAlliance Tire Group for $417.6 mn, while TemasekHoldings Advisors India sold 3.62% stake in Bharti Telecom for $383.6 mn

40.75.1

4.53.9

%

6.7