<h1 class="entry-title">Category: Press Release</h1>
14 May

Merisis advises Clarice Technologies on its sale to Globant

AHMEDABAD: Globant, an Argentine IT and software development firm focused on innovative products, has acquired Pune-based product engineering firm Clarice Technologies in a deal estimated at $20-25 million. It's a complete acquisition with a transition phase of three years, said Sandeep Chawda, co-founder and CEO at Clarice Technologies. He said the deal was closed on [...]
12 Jan

Advised Ola On Its Acquisition Of A Company In Complementary Space

To operate legally in the national capital, Indian mobile app service for cab booking, Ola, is in final-stage talks to acquire Gurgaon-based radio taxi service GCabs. The deal is expected to be closed with in a week. This move will help OlaCabs to get required clearance from the transport authorities in Delhi. As per an ET report, “The [...]
02 May

Merisis Advisors advises Alia Group on the divestment of its IT Services company – Alia Premedia to Diadeis, a French multi-national company

Alia Premedia, an IT services Company and the leader in Pre media packaging vertical in India  becomes part of the Paris headquartered pre media services company Diadeis. Alia Premedia has many big FMCG companies including Unilever, Kraft, GSK as its clients. Merisis Advisors, an M&A focused investment banking advisory firm, were the exclusive advisors to […]

07 Oct

Merisis Advisors advises the Wayne Burt Group on its divestment of Hydraulics Cylinder Business to Pennar Industries

Wayne-Burt Petro Chemicals Pvt. Ltd. (earlier known as Bailey Hydropower Pvt. Ltd.), part of the Wayne Burt Group has exited the hydraulics cylinder business by divesting it to Pennar Industries Ltd. Merisis Advisors, an M&A focused investment banking advisory firm, were the exclusive advisors to the transaction. Pennar Industries has acquired the production, engineering, product […]

10 Apr

Advised Ola Cabs On Its Series-a Fund Raise From Tiger Global

ANI Technologies’s online car rentals and cab services venture, Olacabs.com has raised an undisclosed amount in a Series A funding from Tiger Global Management. The company intends to use the funds raised to expand to more cities, improve its technology platform and hire more people. Launched in December 2010 by IIT Mumbai graduates Bhavish Aggarwal and Ankit Bhati, Olacabs.com [...]
10 Jan

Advised Knowlarity On Its Series-b Fund Raise

Gurgaon: Gurgaon-based cloud telephony-based solution provider Knowlarity has raised $6.6 million from Sequoia Capital. As part of the investment Mohit Bhatnagar, Managing Director, Sequoia Capital has joined Knowlarity’s board. The fund was advised by Merisis Capital Advisors. “The funds would be deployed into major buckets of R&D and Sales Operations. We would expand our tech team [...]
11 Sep

Advised Taurus On Its Stake Sale To Cikautxo

Taurus Flexibles have announced their strategic association with Spain based Cikautxo s. Coop and Mondragon S. Coop to augment the manufacturing of rubber and plastic hoses for the automotive segment for international and domestic markets. This tie-up is being achieved by the acquisition of 50% stake in Taurus’ wholly owned EOU subsidiary in Pune created [...]