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Private equity firm Gateway Partners has committed to acquire a minority stake in TVS Supply Chain Solutions (TVS SCS), an end-to-end Supply Chain Management Services company and part of the $8.5 billion TVS group, for $100 million. The deal is the second-largest private equity investment in TVS SCS after North America's major pension fund manager CDPQ, which invested $155 million in TVS SCS in 2016.
The investment involves both primary portion and secondary element, the company said in an announcement today. According to industry sources, the investor is taking around 15 per cent stake, which values the company at a
