2 Companies of Adani Groups Now Being Sold To American Private Company Bian Capital.

Adani Sells By Arun -ESIC July 23, 2023, 5:30 Pm Image By: Unsplash

Adani Captital and Adani Housing Are Now Bian Capitals Properties

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Bain Capital is a private equity firm founded in 1984 by partners of the consulting firm Bain & Company.

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The Bian capitals has offices in Several Countries Like North America, Europe, Asia, and Australia.

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In June 2023, Bain Capital was ranked 13th, the PEI 300 ranking of the world's largest private equity firms.

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Bain Capital has recently entered into an agreement to acquire 90% stake in Adani Capital and Adani Housing.

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The remaining 10% stake in both the companies will remain with Gaurav Gupta, who will continue to be the MD & CEO of these companies.

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The company started its operation in 2017.

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The acquisition of Adani Capital and Adani Housing is a significant move for Bain Capital, as it expands its presence in India.

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The deal is also a sign of the growing interest of private equity firms in India's financial sector.

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