Baring owned Vistra group acquired Ujwal Management Services
1 February 2022
Wodehouse Capital acted as advisor to the Vistra group in the acquisition of Ujwal Management Services, an international business services provider thereby helping to further expand its footprints in India
June 23 2016
Founded in 1995, Ujwal Management Services was engaged in providing accounting and statutory compliances solution services.
This acquisition was Vistra's second transaction in India in 2016 post IL&FS.
The transaction supports Vistra's strategy to provide onshore corporate services, accounting, administration and compliance services in India to its clients globally.
Through this acquisition, Vistra group would expand its foothold in the Indian corporate and fiduciary services market.