Indus Valley Partners (IVP), a global provider of software and technology solutions to sophisticated investment managers, announced it has secured a strategic minority growth investment from PPC Enterprises (PPC), a specialist middle-market private equity firm. The terms of the agreement were not otherwise disclosed.
Launched in 2000 and based 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 tremendous experience driving value in the business and financial services sector with growth-oriented companies. And through this deal, 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.
Jefferies served as exclusive financial advisor and Simpson Thacher & Bartlett served as legal counsel to IVP. And Covington & Burling served as legal counsel to PPC.
KEY QUOTES:
“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.”
- Gurvinder Singh, Founder & Chief Executive Officer of IVP
“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.”
- Thomas Uger and Kashyap Shah of PPC
