
Edelweiss Completes Carlyle's Majority Stake in Nido Home Finance
Edelweiss Financial Services Limited has announced the successful closure of its transaction with Carlyle, where Carlyle's affiliated investment entity, CA Sardo, has acquired a majority stake in Nido Home Finance Limited (Nido). The transaction involved a primary capital infusion of over ₹2,000 crore (~USD 210 million) into Nido, with ₹1,450 crore as primary capital infusion (₹725 crore received, balance within 18 months) and a secondary purchase of 45% stake from Edelweiss for ₹600 crore. Post completion, Edelweiss will hold approximately 26% of Nido and will share in the upside if Carlyle realizes returns above a specified threshold. Carlyle brings growth capital and strategic expertise to Nido.
Key Highlights
- Carlyle acquires majority stake in Nido Home Finance.
- Transaction includes over ₹2,000 crore investment by Carlyle.
- Edelweiss retains a 26% stake post-transaction.
- Edelweiss to share in future upside realization.
- Carlyle brings growth capital and strategic expertise.
Price Impact
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