CA Sardo Investments, an affiliate of The Carlyle Group, is making a strategic majority stake acquisition in Nido Home Finance for ₹2,100 crore.

The transaction involves the secondary acquisition of equity shares from Edelweiss Financial Services Limited, Edelweiss Rural & Corporate Services Limited and Edel Finance Company Limited, Nido’s existing shareholders, along with a primary subscription to equity shares and warrants of Nido.

Trilegal is representing CA Sardo Investments on this acquisition.

The core transaction team was led by Abhishek Guha (Partner), and consisted of Tanya Uppal (Partner) and Mahesh Wasadikar (Partner), Yash Modi (Senior Associate), Shreya Gokhale (Senior Associate), Associates Vishakha Dube and Vijay Chawla.

Gauri Chhabra (Partner), with support from Gargi Yadav (Counsel), Eesha Sheth (Senior Associate), Associates Bhabya Mahapatra, Shreya Chaudhary and Shobhit Shukla, advised on competition law aspects.

Ameya Khandge (Partner), with support from Nikhil Khurana (Counsel), Neeraj Nainani (Senior Associate) and Pracheta Dwivedi (Associate), advised on banking law aspects.

Anuj Berry (Partner) and Shruti Rajan (Partner) along with Nishith Mehta (Lead – Risk & Compliance) and Rohtash Singh (Director), with support from Associates Anoushka S and Deepanshu Agarwal, advised on compliance and regulatory aspects.

Kirti Balasubramanian (Partner), with support from Hirtarth Parikh (Senior Associate), advised on intellectual property law aspects.

Jishnu Sanyal (Partner), with support from Janak Pradhan (Senior Associate) and Associates Bevan Avil Pinto and Amala G, advised on  Technology, Media and Telecommunications aspects.

The transaction is intended to strengthen Nido’s growth trajectory by infusing fresh capital and operational expertise to expand access to affordable housing finance, particularly in rural and semi-urban markets across India.

For Edelweiss, the partnership aligns with its objective of unlocking value in its businesses while reinforcing Nido’s long-term growth momentum.

For Carlyle, the investment underscores its continued commitment to India’s high-growth housing finance sector and builds on over two decades of experience investing in India’s financial services industry, including housing finance platforms such as PNB Housing Finance Limited and Housing Development Finance Corporation.

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