Exhilway To Shortlist Indian NBFC For Merger

California: Exhilway, the leading financial advisory firm, in an attempt to enhance its focus on the emerging markets of Asia will merge an Indian non-banking finance company (NBFC) with itself to carve a US listed business. The company is in the process of finalizing investment banking firm which can refer a potentially suitable client. The announcement may happen in January, 2017.

According to the sources, Exhilway is targeting a candidate which can command a valuation of US $150-350 million.

Post merger and listing, Exhilway will fully dilute its business in US and will pick up to 34% stake in the newly listed entity. At the lower end of valuation, Exhilway will receive shares worth US $51 million, out of which US $5 million worth of shares belong to the portfolio companies who took a hit after the Exhilway Global Opportunities Fund-I was withdrawn due to due diligence misappropriations.

The company will offer its shares under Regulation A+ Mini-IPO and will test the waters soon. The merged entity may raise US $6 million to finance the working capital requirements.

Exhilway will confine its role to the fund raising which will be used for loans and advances, particularly for the working capital financing.

Exhilway may raise and invest US $100 million in the listed entity solely for building the loan book.

Exhilway is a leading provider of financial services with an emphasis on customized solutions in the areas of financial advisory, capital markets, wealth management and alternative asset management. Our clients include institutional investors, corporates and high net worth families. These services are provided through varied delivery channels and specialized subsidiaries.

Exhilway leverages insights, relationships and a culture that emphasizes a strong orientation towards excellence, to offer services to its clients. The Group relies on its extensive experience, in-depth domain understanding and knowledge of the regulatory environment, to offer customized solutions that enable clients to meet their strategic aspirations.

Exhilway Limited
Postal Address: 9350 Wilshire Blvd, Suite 203
Beverly Hills
CA 90212, USA
Press Contact: Ronald Faith
Email: prfund@exhilway.com
Web: www.exhilway.com

This release was published on openPR.