Singh works on opportunity to accelerate IVP’s technology
Indus Valley Partners (IVP), a premier global provider of software and technology solutions to the world’s most sophisticated investment managers, has secured a strategic minority growth investment from PPC Enterprises (PPC), a specialist middle-market private equity firm. Terms of the agreement were not otherwise disclosed.
Founded in 2000 and headquartered in New York and Noida, IVP http://www.ivp.in has over US$4.2 trillion of AUM managed using its technology and over US$1.6 trillion of AUM reported through its regulatory reporting platform https://www.bseindia.com/ .
PPC has extensive experience driving value in the business and financial services sector with growth-oriented companies. Through this transaction, PPC will serve as IVP’s first strategic partner, supporting the company’s organic growth and acquisition strategy and expanding its capabilities and addressable market https://www.nseindia.com/ .
“This is an exciting opportunity to accelerate the company’s technology and service offerings https://sbi.com.in/ to serve a broad array of the financial ecosystem,” said Gurvinder Singh, Founder & Chief Executive Officer of IVP.
“The PPC team brings a wealth of experience through prior and current investments in related spaces, including Viteos and Aduro Advisors https://aduroadvisors.com/ . The PPC team will provide strategic guidance and capital to support IVP’s continued growth and development,” he said on 20 June.
Thomas Uger and Kashyap Shah of PPC http://www.ppcenterprises.com , added, “We are thrilled to have the opportunity to be the Company’s first institutional capital partner to help take the Company into its next chapter of growth and strategic execution https://www.ibef.org/ .”
Jefferies LLC http://jefferies.com served as exclusive financial advisor and Simpson Thacher & Bartlett LLP http://stblaw.com served as legal counsel to IVP. Covington & Burling LLP http://cov.com served as legal counsel to PPC.
Indus Valley Partners’ unique product suite allows clients to solve complex, enterprise-wide challenges in data management, trade management, analytics, reporting, and data governance. IVP has 950 employees across five times zones including a presence in London, Dallas and Canada https://www.globenewswire.com/ .
PPC Enterprises is a New York City-based private equity firm founded by former senior partners of Kohlberg Kravis Roberts & Co http://kkr.com . PPC invests in a select group of industries, including Business and Financial Services, Industrial Services, and Healthcare Services. www.ppcenterprises.com. Fiinews.com
