“The Signal Hill team, led by Nitin Bhatia, orchestrated an efficient price discovery process and worked tirelessly to create a desirable outcome for us. We highly recommend Signal Hill India team for their education investment banking expertise.”
Fairwinds Announces Buyback of Their Stake in Pathways By Founding Family
Fairwinds Private Equity (formerly Reliance Private Equity), a leading India focused private equity fund, announced that it has sold its large minority stake in Pathways to the founding family of Pathways pursuant to price discovery conducted by Signal Hill. Signal Hill acted as Sole Financial Advisor to the transaction.
Pathways is India’s leading chain of IB schools operating two pre-primary, and three primary and high schools in Gurgaon and Noida (Delhi NCR) region . All the IB schools are consistently ranked amongst the top 3 in NCR and amongst the top 10 international K12 schools in India.
“We believe that there is significant upside potential in our business in the long run. We felt it was in our best interest to offer Fairwinds a competitive price for exit based on offers received from other potential investors. Fairwinds has been a solid partner to us over the last few years and we can’t thank them enough for backing us when we were a much younger business,” said Prashant Jain, Director of Pathways Group.
"Our investment in Pathways Group has been one of the marquee transactions in Indian K-12 space and we are proud of the growth that Pathways has achieved in the time that we have been associated with the company. We are sure that our successful association and exit will serve as a guiding light for other investments in the space which stands at cusp of inflection. We wish all the best to Pathways team in their next phase of growth" said Ramesh Venkat, Founder and CEO of Fairwinds Private Equity.
About Signal Hill India
Signal Hill Capital Advisory India Pvt. Ltd. (“Signal Hill India”) is a leading advisory boutique serving the M&A and private capital raising needs of growth companies in the technology sector. Signal Hill India's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Software (Enterprise Software, SaaS/Cloud, FinTech/Payments & IT Security) and Services (IT Services, BPO, Healthcare IT, Analytics & Education). Internet Infrastructure, Services and Software. Signal Hill India has offices in Bangalore and Mumbai. For more information visit www.signalhill.com.