US-based PE firm TA Associates, has announced that it has acquired a minority stake of 40% in Ahmedabad-based distributor of mutual funds and other wealth products, Prudent Corporate Advisory Services for an undisclosed sum, as reported by VC Circle and The Economic Times.
DSK Legal advised and assisted
An Ahmedabad based team of Shardul Amarchand Mangaldas acted for
Founded in 2001 and headquartered in Ahmedbad, Prudent provides personal and corporate investment planning services through the distribution of mutual funds, bonds, broking and insurance products, operating in a total of 70 branches across 19 states in India.
2018-07-13