Deloitte Touche Tohmatsu India Private Limited (DTTIPL) has launched a dedicated private equity practice in India.
Deloitte Touche Tohmatsu India Private Limited (DTTIPL) has launched a dedicated private equity practice in India.
Deloitte Corporate Finance Services India Pvt. Ltd (DCF), the new practice, will work closely with the Asia Pacific regional practice, UK & US member firms of Deloitte Touche Tohmatsu (DTT) and the rest of the DTT network.
The new company will address the needs of the growing Private Equity market and provide investors with transaction-related services across the complete deal cycle from origination to completion.
The DCF team, comprising professionals with significant experience in the Global M&A and Private Equity services business, is led by Sandeep Gill – Managing Director and Bimal Modi – Director. Prior to transferring to India, Sandeep and Bimal were part of the Corporate Finance practice of Deloitte & Touche LLP in London.
Gill said ‘We will provide specialist services to meet individual client needs in the Private Equity space which includes Financial Due Diligence, Bid Support, Sale & Purchase agreement advisory and Completion Accounts work. Our record as Deloitte globally, shows that we have been extremely successful at providing these integrated services and we will look to implement this well proven model in the Indian Market.’
Deloitte’s Global Head of Corporate Finance Advisory, Chris Ward, said: "Asia Pacific will lead Deloitte’s global growth over the next five years. Deloitte recognises India as one of the fastest growing economies in the world and is strategic to Deloitte’s growth plans. DCF with a high calibre team of professionals and active support and guidance of the Global & Asia Pacific Leadership and international member firms of Deloitte Touche Tohmatsu is all geared up to provide specialist services to Private Equity clients and partner with them in their growth.’
