NewQuest, Kotak invest in Paragon portfolio companies
NewQuest Capital Partners has joined a $21 million investment in construction firm Capacit’e Infraprojects and engineering components manufacturer Maini Precision Products, both of which are portfolio companies of India-based GP Paragon Partners.
The private equity firm is acquiring shares from existing investors - whose identities have not been disclosed - in keeping with its direct secondary strategy. Its partner in the deal is Infina Finance...
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