One of the fastest-growing domestic investment banks in India, Avendus Advisors, has entered into a JV with goetzpartners, a leading European corporate finance advisory and management consulting firm. The JV will assist Indian companies for M&A opportunities in Europe.
Avendus is ranked in the top tier of investment banks for M&As, is steadily increasing its share in the M&A business emerging out of India. It has also opened its IPO and corporate debt services divisions in order to provide a one-stop solution to its client’s investment banking needs.
The partnership with goetzpartners will enable Avendus to grow its business faster in countries like Germany, UK, France, Spain and Central and Eastern Europe. The JV would focus on high-growth verticals such as IT & ITES, pharmaceuticals and healthcare, media, automotive and knowledge manufacturing. The deal will help Indian companies wanting to expand in Europe and for European companies wanting to set up a beachhead in India.
Read the complete article in DNA Money.
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