Private lender BPEA Credit announced on 25 July that it had committed Rs 250 crore with a green shoe option to DMW Group, a manufacturer of precision-made components.

DMW services a wide range of industries, including flow control, railroads, aircraft, automotive and agricultural sectors. As part of its plan to increase the range of products it offers customers and deepen its integration into the value chain, DMW has acquired a majority stake in a foundry company.

With the money raised from BPEA, DMW plans to finance acquisitions, operating capital, and capital expenditures for the foundry industry.

According to Anupam Goenka, Managing Director of BPEA Credit, India’s manufacturing sector will expand quickly as a result of government initiatives and big international companies’ China+1 strategy.

Goenka added, “We believe DMW is ideally poised to capture this growth trend in the coming years with a robust order book from domestic and global clients and we look forward to playing an active role in the company’s growth story.”

The transaction’s exclusive adviser was investment bank Steer Advisors.

Kaushal Ganeriwal, managing director of BEPA Credit, said, “We have been in discussions with the DMW Group over the last few weeks to understand the financing needs of the group and structure a flexible capital solution to fund the group’s growth plans while ensuring the business can service the same from its operating cash flows. 

He added that this investment aligns with our philosophy of sourcing stable investments in leading, high-growth, and established companies that are not ordinarily available to investors, thereby generating attractive returns for our investors.

Throughout its eleven-year existence, BPEA Credit has established four funds and made over $1.1 billion in investments. With operations in Singapore, Delhi, and Mumbai, BPEA employs thirty people.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!