Sapna Seth
Singhi Advisors Pvt. Ltd.
Highway Industries Limited
Deal Type
Company sale
Sector
Industrials
Completion Date
13th February 2025
Deal Value
Not disclosed
Company Background
Highway is one of India’s fastest growing, high margin, export driven manufacturer of mission critical powertrain sub-systems and components for global automotive customers across North America, Europe, and Asia. Started in 1971 by Munjal family, it is one of the leading player in the industry, employing over 3000 people, steered successfully by Umesh Munjal and his two sons Amol & Ankur Munjal. Highway’s ability to manufacture a diverse range of products has gained them an impressive customer base across global auto-component companies supplying to major OEMs.
Deal Summary
In yet another platform acquisition by global buyout funds Singhi Advisors advises Umesh Munjal owned Highway Industries Ltd on majority stake acquisition by Carlyle to create a diversified Global Auto Components Platform alongwith Roop Automotives Ltd.
Value Added
This is Singhi Advisor's 19th deal in Auto components in last 5 years and 2nd platform deal with buyout funds.
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