Kedaara Capital Acquires Sunbeam Auto (Asia)

Source(s): VCCircle | Author(s): Ankit Doshi

India-focused private equity fund manager Kedaara Capital has acquired India-based auto component manufacturer Sunbeam Auto at a reported enterprise value of INR8.5 billion (approximately US$127 million) to INR9 billion (approximately US$134 million). The company designs, manufactures and sells automotive aluminum die casting components.