Overview
Mergers & Acquisitions Summit 2019
Dealmaking in India hit a record high last year, crossing the psychological milestone of $100 billion for the first time ever. This was led by mergers and acquisitions (M&As). Rising appetite of not just established companies but also venture funded startups looking for newer growth planks, opportunity thrown up by the stressed assets piece as well as PE funded platforms created with a buy-to-build strategy is expected to drive M&A momentum in the future as well.
One notable feature of the recent M&As has been the wide sectoral spread straddling internet, telecom, petrochemicals, metals, pharmaceuticals, renewable energy, IT, consumer goods and engineering sectors. This has added more vibrancy to the dealmaking ecosystem compared to the past where large deals in selective sectors like telecom and energy among few others used to dominate.
Another factor has been the rise of more buyouts and emergence of PE vs strategic buyers contest for M&As.
As more stressed assets come under the hammer, strategic acquisitions will also get a leg up, especially in the mid-market space.
Since January, large M&A deals have been struck in housing finance, IT, textiles, pharma, dairy, education, internet, auto parts among other spaces. There has been 282 M&A deals worth over $11 billion, according to VCCEdge, the data platform of Mosaic Digital.
To discuss the emerging opportunities and challenges, learnings from past moves that worked as well as those that didn’t, Mosaic Digital, the corporate banner behind VCCircle.com, is organising its next edition of M&A Summit on 26th June at Hotel Four Seasons in Mumbai.
Agenda
8:30AM- 10:00AM
Registration & Networking
10:00AM - 10:05AM
Opening Address
Shalil Gupta, CBO, News Corp Mosaic Digital
10:05AM - 10:35AM
In Conversation: Serial entrepreneur Yogesh Mahansaria on build and buy strategy
Yogesh Mahansaria, Serial Entrepreneur (Co-founder Alliance Tire Group, Mahansaria Tyres; former co-promoter Balkrishna Inds) in conversation with Ranjani Raghavan, Associate Editor, VCCircle
10:35AM – 11:20AM
Panel Discussion: Crystal gazing: Big buy or string of pearls
As Indian companies grow big they face the question of whether to buy a large asset in a developed market or strike a number of smaller deals domestically. Big asset catapults the size but comes saddled with the challenge of low growth thereafter and an inherent risk of sinking the mother ship. How should companies balance investor expectations with these two choice sets? Inbound M&A interest has been declining as MNCs focus on their core markets but then Walmart makes its biggest ever acquisition in India. Is it an outlier? How to read the inbound acquisition interest of MNCs?
Anil Raibagi, Senior Vice President and Global Head– M & A, Wipro Limited
Manas Datta, Group CFO, Wockhardt
Subrata Kumar Nag, Group CEO & Executive Director, Quess Corp Limited
Vijay Paradkar, VP - Mergers & Acquisitions, Mahindra & Mahindra Ltd.
Moderator: Bruhadeeswaran R, Assistant Editor, VCCircle
11:20AM - 11:45AM
Networking over Tea/Coffee
11:45AM - 12:30PM
Panel Discussion: Due diligence
One of the most critical factors determining the success of an M&A deal is how clearly the acquirer has mapped out strategic benefit from the acquisition and the red herrings of the target. What are the new due diligence tools to make a stronger business case for an acquisition? What are the more common emerging factors to watch out before giving a clean chit for a deal?
Devki Nandan, SVP & Head - M&A, JSW Infrastructure Ltd.
Vikas Wadhawan, CFO, Proptiger
Roopal Kulsrestha, Partner - M & A, Private Equity & General Corporate, Shardul Amarchand Mangaldas &Co
Moderator: Varsha Jhawar, Head - M&A and Investment Banking, Alantra India
12:30PM - 01:15PM
Panel Discussion: PE buyout vs strategic M&A contest
As buyouts gather pace, PE firms are often pitched against strategic buyers. What differentiator can a PE firm bring to the table as against a natural fit from a strategic buyer? How does such a contest affect valuation? Are PE firms at a natural disadvantage? Some buyout firms are also increasingly partnering strategic partners for M&As, is that a trend to watch out for?
Gautam Gode, Co-Founder & MD, Samara Capital
Vikram Narula, Co-MD, The Carlyle Group
Sumit Jalan, MD, Credit Suisse Asia Pacific
Iqbal Khan, Senior Partner - Private Equity, M & A & General Corporate, Shardul Amarchand Mangaldas &Co
Sourav Das, Sr Finance Manager – Mergers & Acquisitions, Hindustan Unilever Limited
Moderator: Ankit Doshi, Special Correspondent, VCCircle
01:15PM -03:00PM
Networking Lunch & Close of Conference
Speakers
Yogesh Mahansaria
Serial Entrepreneur (Co-founder Alliance Tire Group, Mahansaria Tyres; , former co-promoter Balkrishna Inds)Vijay Paradkar
Vice President (M&A), Mahindra & Mahindra LtdAnil Raibagi
Senior Vice President and Global Head- M & A, Wipro LtdGautam Gode
Co-Founder & Managing Director, Samara CapitalSubrata Kumar Nag
Group CEO & Executive Director, Quess CorpManas Datta
Group CFO, WockhardtVikas Wadhawan
CFO, PropTiger.comDevki Nandan
SVP & Head - M&A, JSW Infrastructure Ltd.Sumit Jalan
MD, Credit Suisse Asia PacificVarsha Jhawar
Head - M&A and Investment Banking, Alantra IndiaVikram Narula
Co-MD, The Carlyle GroupSourav Das
Sr Finance Manager-Mergers & Acquisitions, Hindustan Unilever LimitedRoopal Kulsrestha
Partner - M & A, Private Equity & General Corporate, Shardul Amarchand Mangaldas &CoIqbal Khan
Senior Partner - Private Equity, M & A & General Corporate, Shardul Amarchand Mangaldas &CoVijay Madhav Paradkar
Vice President & Head of Mergers and Acquisitions, Mahindra & Mahindra LimitedVenue :
Four Seasons Hotel, Mumbai
Date: June 26, 2019
Venue: Four Seasons Hotel, Mumbai
Do you have any queries?
Drop us a line and we will call you.
















