Indus Valley Partners Receives Strategic Growth Investment from PPC Enterprises
June 20 2024 - 9:00AM
Business Wire
Indus Valley Partners (“IVP”), a premier global provider of
software and technology solutions to the world’s most sophisticated
investment managers, has secured a strategic minority growth
investment from PPC Enterprises (“PPC”), a specialist middle-market
private equity firm. Terms of the agreement were not otherwise
disclosed.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240620389492/en/
Founded in 2000 and headquartered in New York and Noida, India,
IVP has over $4.2 trillion of AUM managed using its technology and
over $1.6 trillion of AUM reported through its regulatory reporting
platform.
PPC has extensive experience driving value in the business and
financial services sector with growth-oriented companies. Through
this transaction, PPC will serve as IVP’s first strategic partner,
supporting the Company’s organic growth and acquisition strategy
and expanding its capabilities and addressable market.
Gurvinder Singh, Founder & Chief Executive Officer of IVP,
commented, “This is an exciting opportunity to accelerate IVP’s
technology and service offerings to serve a broad array of the
financial ecosystem. The PPC team brings a wealth of experience
through prior and current investments in related spaces, including
Viteos and Aduro Advisors. The PPC team will provide strategic
guidance and capital to support IVP’s continued growth and
development.”
Thomas Uger and Kashyap Shah of PPC added, “We have known IVP
for many years and admire what Gurvinder and his team have built.
We are thrilled to have the opportunity to be the Company’s first
institutional capital partner to help take the Company into its
next chapter of growth and strategic execution.”
Jefferies LLC served as exclusive financial advisor and Simpson
Thacher & Bartlett LLP served as legal counsel to IVP.
Covington & Burling LLP served as legal counsel to PPC.
About Indus Valley Partners
Indus Valley Partners is a leading global provider of
enterprise-wide technology solutions, consulting, and
'digital-first' managed services to 160+ of the most prestigious
fund managers on the buy side. Currently, $4.2+ trillion of AUM is
managed using IVP’s technology. The company’s unique product suite
allows clients to solve complex, enterprise-wide challenges in data
management, trade management, analytics, reporting, and data
governance. IVP is headquartered in New York and Noida, India with
950 employees across five times zones including a presence in
London, Dallas and Canada. For more information, visit
www.ivp.in.
About PPC Enterprises
PPC Enterprises is a New York City-based private equity firm
founded by former senior partners of Kohlberg Kravis Roberts &
Co. PPC invests in a select group of industries, including Business
and Financial Services, Industrial Services, and Healthcare
Services. www.ppcenterprises.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240620389492/en/
Indus Valley Partners Media: David Nathanson, Buttonwood
Communications Group david@buttonwoodpr.com (954) 224-0882