Private investment firm IndiaNivesh Venture Capital Fund has invested an undisclosed amount in Pune-based facility management services provider CLR Facility Services, acquiring a minority stake, as reported by Circle. Earlier in January 2017, CLR had acquired majority stake in Mumbai-based Right Resources Corporate Services.
A Pune-based Legasis Partners team advised private equity firm
Legalogic Consulting acted for
Founded in 2008, CLR Facility Services supplies manpower and handles facility management and has a 9,000-strong workforce serving clients in 25 cities. It was also reported that the current fund raising will help the Pune-based company in building the organisation and growing inorganically by entering new geographies and service segments.
2018-01-24