Pratap Technocrats Private Ltd. has raised US$90 million in debt financing
May 2023 — Pratap Technocrats Private Ltd. has successfully completed a fundraising of US$90 million.
Pratap Technocrats Private Ltd. (Pratap Technocrats) provides telecommunications services, such as the operation and maintenance (O&M) of telecom towers, optical fiber cable networks, the installation and commissioning of telecoms infrastructure, the O&M of solar panel sites and the execution of captive power projects.
Our role in the transaction
Oaklins’ team in India moved the project assessment from collaterals to merits, including sponsorship for the project from the Department of Telecommunications as opposed to the PSU company. This created a relatively de-risked structure to ensure back-to-back cash flow alignment and improve the company’s track record. Senior debt was placed entirely with top-tier banks and financial institutions and secured by a watertight cash flow structure, enabling a large call on a limited pool of collateral/front equity. This deal demonstrates the team’s unique ability to raise outsized growth capital in infrastructure financing. By leveraging its deep domain expertise and large relationship base, it can tie up both debt and project equity in a time-bound, cost-efficient manner.
Talk to the deal team
Related deals
Educbank has been acquired by Cogna
Cogna Educação, through its subsidiary Somos Sistemas de Ensino, has acquired an additional 47% stake in Educbank for approximately US$8.9 million, increasing its ownership from 43% to 90% and consolidating control of the platform. The transaction expands Cogna’s presence beyond its traditional enrollment-driven education business into the financial infrastructure that underpins school tuition collection.
Learn moreitemedical has been acquired by Halma
itemedical, a Netherlands-based provider of digital platforms that integrate real-time patient data and alarms from a wide range of medical devices to support clinical decision-making and workflow efficiency in hospitals, has been acquired by Halma plc, a global group of life-saving technology companies. The acquisition represents a milestone in itemedical’s development and provides a platform for its next phase of growth. By joining Halma’s healthcare sector as a business unit of Halma subsidiary Static Systems Group (SSG), itemedical will strengthen its position as a provider of digital hospital workflow solutions, benefiting from access to a global network of technology businesses, resources to accelerate innovation and opportunities to expand its international footprint.
Learn moreBoeser Frischfleisch has secured financing for the acquisition of Vion Crailsheim
Boeser Frischfleisch GmbH has secured financing in connection with the acquisition of the Crailsheim site from Vion Group. The site specializes in the slaughtering and cutting of cattle and pigs and plays an important role in the southern German meat industry. Through the acquisition, Boeser Frischfleisch expands its value chain and strengthens its position in a market characterized by ongoing structural change and consolidation.
Learn more