Private Equity & Holding Group
Strategic Consolidations Creating Powerful Economies
Our Investment
Strategy
We acquire control and significant stakes in resilient, under-consolidated businesses across fragmented sectors, with a flagship focus on underutilized MSME ecosystems. We create value by architecting agglomerates and conglomerates through sequential M&As within targeted industries, building scaled platforms with both vertical and horizontal integration that unlock untapped expansion.
Our consolidation thesis combines roll-up execution, operational upgrades, shared infrastructure, and disciplined capital allocation with permanent capital structures to create market disruptors.
We identify fragmented, key sectors where consolidation unlocks market expansion. Through disciplined M&A and integration, we build scaled agglomerates and conglomerates with both vertical and horizontal reach.
Committed to
Responsible Investment
We build platforms and capital structures designed to endure across decades, which means taking governance, financial impact, and stakeholder alignment seriously from day one. We prioritize formalization, transparency, and operational restructuring in MSME ecosystems across key sectors where these practices are often absent. Responsible investment is not a separate mandate; it is how we define durability.
Building with Markets, Not Against Them
We partner with management teams and promoters who have built resilient businesses in difficult markets but lack the capital, infrastructure, or M&A expertise to scale. We bring permanent capital, strategic optionality, and operational support Our approach preserves market alignment and operational expansion while introducing institutional governance, shared services, and access to our cross-platform capabilities.
The result is a partnership structure where operators remain invested in the long-term outcome, and growth is compounded through exponential transformation and consolidation.,
INTRODUCING
The Permanence Fund I
A USD 200M India-focused private equity fund targeting control and significant minority stakes in MSME-dominated sectors including contract manufacturing, specialty chemicals, logistics, cold storage supply chain, healthcare services, among others. The fund executes sequential M&As to build scaled agglomerates with 3–5 acquisitions per platform, expanding operational leverage, pricing power, and multiple expansion driven by consolidation, formalisation, and institutional governance in markets where fragmentation remains the baseline.
