Anagram Partners advised Arpwood on the proposed acquisition of a controlling stake in Sewa Grih Rin Limited for INR 7 billion approximately.

Arpwood Partners, a buyout-focused private equity firm, is set to acquire a controlling stake of up to 72.28% in Sewa Grih Rin Limited, an affordable housing finance company, by way of a primary and secondary investment of approximately INR 7 billion. SEWA Grih Rin Limited (Sitara) provides affordable housing finance to the under-served low-income households, especially their women members, in urban and peri-urban locations.

Anagram Partners acted as the legal advisors to Arpwood. The team was led by our Partners, Ankit Mishra and Aditi Tralshawala and comprised Keegan Pavrey, Reha Mehta, Rajni Tolani, and Siddhant Sahu.

Read more at:

Arpwood Partners to acquire majority stake in SEWA Grih Rin with equity commitment of Rs 680 crore, ET RealEstate (indiatimes.com)

India: PE firm Arpwood Partners to buy majority stake in housing finance firm Sitara for $82m (dealstreetasia.com)