Apax among global buyouts targeting India's FirePro
Apax Partners is among the global private equity firms considering a $200 million buyout of Bangalore-based fire-protection firm FirePro Systems, India’s Business Standard reported – capital that the company itself hopes will elevate its operations to the next level in the global fire protection space.
Citing investment bankers close to FirePro, the newspaper reported that several private equity players are interested in the asset due to FirePro's strong balance sheet. The company reported INR7 billion...
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