Acquisition financing
Acquisition financing for buyouts and M&A in India
Oogway Ventures structures and raises acquisition financing for Indian promoters, corporates and investors buying a business. We design the mix of senior debt, structured or subordinated capital and equity, and raise it from banks, NBFCs, private-credit funds and AIFs, for strategic acquisitions, promoter buyouts and management buyouts.
What's included
How we finance an acquisition
Financing structure
The right mix of senior debt, subordinated capital and equity for the target's cash flows.
Senior and structured debt
Raised from banks, NBFCs, private-credit funds and AIFs.
Equity and co-investors
Promoter contribution planning and co-investors where the equity gap is large.
Deal mechanics
Deferred consideration, earn-outs and promoter rollover to bridge price and funding gaps.
Buyout financing
Funding for promoter buyouts and management buyouts.
Lender diligence and terms
Preparing the credit case and negotiating covenants, security and tenor.
How we work
Acquisition financing with Oogway, in four steps.
- Step 1
Test affordability
How much the target's cash flows can support.
- Step 2
Design the structure
Debt layers, equity and deal mechanics.
- Step 3
Raise the capital
Run lenders and co-investors in parallel.
- Step 4
Close
Negotiate terms and fund at completion.
When you need it
When companies come to us for acquisition financing
- You have agreed or are negotiating an acquisition
- Management wants to buy out the promoters
- A promoter group is consolidating ownership
- An investor is acquiring a stressed or NPA-backed asset
Common questions
Acquisition financing: frequently asked questions
What is acquisition financing?
Acquisition financing is the money used to buy a business. It usually combines senior debt, subordinated or structured capital and the buyer's own equity, structured around the cash flows of the business being acquired.
How much of an acquisition can be funded with debt?
It depends on the target's stable cash flows, the security available and the lender. Buyers almost always need a meaningful equity contribution; we size the debt to what the business can service with headroom.
What is the difference between senior and subordinated debt?
Senior debt is repaid first and is usually secured, so it is cheaper. Subordinated or mezzanine capital ranks behind it, takes more risk and costs more, but it can close the gap between senior debt and equity.
Who provides acquisition finance in India?
Banks, NBFCs, private-credit funds and AIFs, depending on the structure, the size and the type of acquisition. Many acquisitions combine more than one source.
What is a promoter rollover?
A promoter rollover is when a selling promoter reinvests part of the sale proceeds into the acquiring entity. It reduces the cash the buyer must fund and keeps the seller aligned with the business after the deal.