Pioneer Legal, IndusLaw act on Jashvik Capital acquiring majority stake in Midas Hygiene

Pioneer Legal and IndusLaw acted on Jashvik Capital acquiring a majority stake Laxmanrekhaa producer Midas Hygiene Industries Private Limited.

Pioneer Legal advised and assisted Jashvik Capital on this transaction.

The transaction team consisted of Pritha Jha (Partner), Jinal Shah (Senior Associate), Andre Jaggi (Associate), Krishna Bhatia (Associate), Mahima Choudhary (Associate) and Riya Punamiya (Associate).

IndusLaw advised and assisted Midas Hygiene on this transaction.

The transaction team consisted of Shantanu Jindel (Partner), Shweta Gupta (Partner), Harshit Kumar (Senior Associate) and Abhinav (Associate).

Midas Hygiene, known for its well-established brands like Laxmanrekhaa in the pest control and home care segments, is set to benefit from Jashvik's investment and strategic guidance. This deal signifies Jashvik Capital's focus on investing in companies with strong brand recognition and established distribution networks within the growing Indian consumer market. The private equity firm aims to leverage Midas Hygiene's existing strengths to drive further growth, capitalizing on the increasing demand for hygiene and pest control products

Jashvik Capital, established in 2022 and headquartered in Mumbai, India, is a private equity firm that focuses on investing in growth-oriented businesses, particularly within the healthcare/pharmaceutical and consumer goods sectors.

The firm aims to partner with founders of high-quality, profitable companies, providing both capital and strategic guidance to accelerate their growth. Jashvik Capital is known for its "Profitable Growth with a Value Mindset" investment strategy, and they are a SEBI registered Category II Alternative Investment Fund, as well as an IFSCA registered FME.

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