Capri Stressed Assets Fund invests INR 375 Crore in UNBRAKO
Capri Stressed Assets Fund invests INR 375 Crore in UNBRAKO
The World-renowned fasteners brand
Mumbai, 14 June 2022: Capri Stressed Assets Fund (Capri Fund) – managed by Capri Xponentia Managers LLP (CXM) announced its first investment in Deepak Fasteners Limited. Capri Fund has taken significant minority stake in the company. The investment is structured in combination of debt, convertible and equity.
Through the investment raised, the Ludhiana-based company provided exit to select lenders turning a new leaf in its journey. The Company, by capitalizing on its strong brand, market positioning and distribution network, targets to emerge as a major player in the industrial fasteners segment, world-wide, over the next few years. The unique transaction structure designed for investme...