Imperial Auto Industries Limited divests a majority stake to Warburg Pincus LLC

EY has successfully advised the shareholders of Imperial Auto Industries Limited on selling a majority stake to Warburg Pincus LLC. 

EY acted as the exclusive financial advisor to Imperial Auto Industries Limited and its shareholders.

This transaction marks one of the largest private equity deals in the Indian automotive components sector. The investment will help Imperial Auto, the market leader in the fluid transmission space, fund its future growth plans including creation of best-in-class facilities for domestic and export clients and acceleration of EV related product development.  

NCR-based Imperial Auto Industries was founded in 1969 and is currently India’s largest manufacturer of fluid transmission products for automobile and off-highway sectors. The Group generates revenues of approximately ₹2,200 crore through a diversified product portfolio across rubber hoses, metal/nylon tubes and hose assemblies.

Warburg Pincus LLC is a New York-based private equity firm with offices in the United States, Europe, Brazil, China, Southeast Asia and India. It has been a private equity investor since 1966. The firm currently has approximately $62 billion in assets under management and invests in a range of sectors including retail, industrial manufacturing, energy, financial services, health care, technology, media, and real estate.