India- and Southeast Asia-focused private equity and real estate investment firm The Everstone Group has acquired a 51 percent stake in India-based industrial graphics manufacture SJS Enterprises for an estimated INR3.5 billion (approximately US$54 million). Everstone purchased a 26 percent stake in the company from United States-based printing company Serigraph, and purchased the remaining 25 percent stake from SJS’s management. The company will use the fresh capital to set up a new plant and finance its expansion plans.