Focus on providing investment banking and financial advisory in the US India corridor
New York (April 14, 2010): IMaCS Virtus Global Partners and Chatsworth Securities, LLC have announced a strategic relationship to provide investment banking and advisory services to companies, and strategic and financial investors with interest in the US and India. This will be accomplished through integration of their respective services as well as through coordinated marketing and sales activities.
“This partnership brings together the respective strengths of both firms in cross border investment banking and advisory services,” said Anil Kumar, Managing director and CEO, IMaCS Virtus Global Partners. “Strategic and financial investments between US and India continue to grow at a rapid pace and there is a need for experienced advisors who can structure these cross-border transactions effectively.”
Swatick Majumdar, Managing Director, Chatsworth Securities added, “With a significant rise in cross-border mergers, acquisitions and investment the need for expert advice is apparent, Customers will be able to leverage Chatsworth Securities’ vast expertise in public and private capital raising, international M&A and institutional relationships in addition to IMaCS Virtus’ local knowledge and experience in India.”
The firms will jointly offer private and public capital raising, M&A advisory as well as India entry consulting to clients in the US, India and elsewhere.. Both firms possess a deep understanding of the business environment both in the US and India and are well connected with companies, financial institutions, governmental agencies, and private equity firms in both markets.
About Chatsworth Securities LLC
Chatsworth Securities LLC is an investment banking firm based in Greenwich, CT that provides a wide range of services to institutional clients. The principal areas of their business are advisory services and public and private capital raising. It has served as an advisor on both domestic and international M&A transactions, has raised capital for large and small companies, participated as an underwriter in several hundred equity public offerings, and raised over $2 billion for traditional and alternative money managers. In addition it has been an underwriter in municipal bond underwritings. In addition, Chatsworth Securities’ bond trading team actively trades a variety of corporate, government and CDO issues. The Chatsworth team possesses substantial financial industry experience and has been successful in assisting major corporations, asset managers and entrepreneurial companies both domestically and internationally. Website: www.chatsworthgroup.com
About IMaCS Virtus Global Partners
IMaCS Virtus Global Partners offers advisory services to North American companies and private equity funds seeking India related growth, investment and sourcing opportunities. Our mission is to enable our clients to transform their business by adding India as a key part of their global footprint. Our clients benefit from our local presence, strong relationships, knowledge of local business practice, experience and financial expertise. We provide India related Strategy & Roadmap Consulting, Partner/ Target Search, Operation Setup & Support, Cross-border M&A Advisory, Project/ Bid Advisory and Transaction Advisory services. We are headquartered in New York with eight offices in India. Website: www.ivgpartners.com
Contacts:
Chatsworth Securities LLC
Swatick Majumdar at (203) 413 9966 or at [email protected]
IMaCS Virtus Global Partners
Ravi Chauksey at (646) 807-9290 or at [email protected]
