Orbit Financial Capital acted as the exclusive sell-side advisor to Pan Health for raising USD 50 Million from Motilal Oswal Private Equity.
MOPE picked up a minority stake in Pan Health by investing ~USD 50 Mn (INR 400Crs) from its India Business Excellence Fund IV (IBEF – IV), making it one of the largest investments from their current Fund.
MO Alternate Investment Advisors (MO Alts) manages both Private Equity and Real Estate funds with ~USD 1.7 Bn in AUM. The private equity vertical in the last 16 years has made over 40 investments and has exited 15 investments, delivering a gross
MOIC (multiple on invested capital) of 5.3x and gross IRR of 26.7%.
About Pan Health: The Health and Hygiene business segment of the PAN Group is headquartered in Rajkot, Gujarat with operations spread across 4 entities. The Company sells baby diapers under Little Angel brand, adult incontinence products under Liberty
brand, and sanitary napkins and feminine hygiene products under Everteen brand. It also sells personal care products under brands named Neud, Mansure and Naturesure.
The funds will be utilized to build the brands, expand the distribution infrastructure, and create a robust organization to accelerate their growth story.