Latest Kilimanjaro Advisors News
Jun 18, 2015
Posted on: 20 Feb 2014 | Source: VCCircle | Author(s): Bhawna Gupta Olympus Capital Asia Credit, the credit arm of private equity firm Olympus Capital Asia, and investment management firm Kilimanjaro Advisors, structured through Kilimanjaro Credit Fund, have agreed to provide structured debt financing to India-based Atria Convergence Technologies (ACT), a provider of information, communications and entertainment through internet protocol, broadband, digital and analog TV. Previously, India Value Fund Advisors, a firm focused on investing in mid-sized businesses, had acquired a majority stake in ACT in 2008. The fresh funding will allow ACT to consolidate its business and continue growth plans. Financial details of the transaction were not disclosed.