Axis

Axis Capital’s M&A practice is led by

Deepak Sharma Managing Director
Deepak Sharma heads the M&A practice and the Financial Sponsors Group at Axis Capital. He is responsible for both the strategic and operational aspects of the firm’s overall advisory business, including senior level relationship management, new business development and overall client delivery oversight. In a long and stellar career, he has been involved in transactions involving leading Indian corporates, multinationals, financial sponsors and government organizations. Having started his career with Arthur Andersen, Deepak has also worked with global financial institutions like Lazard and Rabobank. He joined Axis Capital from Lazard Mumbai where he had led that firm’s advisory for industrials, infrastructure, building materials, energy and natural resources. Deepak is a recipient of the Roll of Honor from the Indian Institute of Management, Calcutta and is an Electrical Engineer from the Indian Institute of Technology, Delhi.
Reach Deepak
Deepak Sharma Managing Director
Deepak Sharma heads the M&A practice and the Financial Sponsors Group at Axis Capital. He is responsible for both the strategic and operational aspects of the firm’s overall advisory business, including senior level relationship management, new business development and overall client delivery oversight. In a long and stellar career, he has been involved in transactions involving leading Indian corporates, multinationals, financial sponsors and government organizations. Having started his career with Arthur Andersen, Deepak has also worked with global financial institutions like Lazard and Rabobank. He joined Axis Capital from Lazard Mumbai where he had led that firm’s advisory for industrials, infrastructure, building materials, energy and natural resources. Deepak is a recipient of the Roll of Honor from the Indian Institute of Management, Calcutta and is an Electrical Engineer from the Indian Institute of Technology, Delhi.
Reach Deepak
Deepak Sharma Managing Director
Deepak Sharma heads the M&A practice and the Financial Sponsors Group at Axis Capital. He is responsible for both the strategic and operational aspects of the firm’s overall advisory business, including senior level relationship management, new business development and overall client delivery oversight. In a long and stellar career, he has been involved in transactions involving leading Indian corporates, multinationals, financial sponsors and government organizations. Having started his career with Arthur Andersen, Deepak has also worked with global financial institutions like Lazard and Rabobank. He joined Axis Capital from Lazard Mumbai where he had led that firm’s advisory for industrials, infrastructure, building materials, energy and natural resources. Deepak is a recipient of the Roll of Honor from the Indian Institute of Management, Calcutta and is an Electrical Engineer from the Indian Institute of Technology, Delhi.
Reach Deepak

Transaction Details for ION Energy Inc

₹ 10,400 Mn

IPO Dec 2021

The transaction involved Endurance purchasing 51% stake in Maxwell Energy System Pvt. Ltd (Maxwell), a subsidiary of ION Energy Inc. (renowned energy tech start-up) with remaining 49% to be purchased in a phased manner over 5 years – Maxwell is engaged in the business of development, manufacturing, assembly and selling of advanced electronics in the form of battery management systems (BMS) and battery focused power distribution units for electric vehicles and energy storage systems – Endurance is one of the leading automotive component manufacturers having a diverse range of technology intensified products with operations in India and Europe. ETL is engaged in designing / engineering, manufacturing of aluminium castings, suspensions, braking systems and transmissions – Maxwell’s BMS is the first specific EV product in Endurance’s portfolio, Endurance plans to leverage Maxwell’s deep technical expertise developed over the years and its BMS deployment experience in Indian and European conditions – Endurance aims to offer its products to multiple new customers, including Indian automotive OEMs and battery pack manufacturers

Axis Capital acted as exclusive Financial Advisor to ION Energy Inc. – Axis Capital ran a global competitive process and reached out to potential acquirers from North America, Europe & Asia – Extended comprehensive transaction support to the client team ranging from deal conceptualisation & structuring, buyer outreach, negotiations, due diligence coordination and transaction documentation, besides assisting in overall transaction process management
₹ 10,400 Mn

IPO Dec 2021

The transaction involved Endurance purchasing 51% stake in Maxwell Energy System Pvt. Ltd (Maxwell), a subsidiary of ION Energy Inc. (renowned energy tech start-up) with remaining 49% to be purchased in a phased manner over 5 years – Maxwell is engaged in the business of development, manufacturing, assembly and selling of advanced electronics in the form of battery management systems (BMS) and battery focused power distribution units for electric vehicles and energy storage systems – Endurance is one of the leading automotive component manufacturers having a diverse range of technology intensified products with operations in India and Europe. ETL is engaged in designing / engineering, manufacturing of aluminium castings, suspensions, braking systems and transmissions – Maxwell’s BMS is the first specific EV product in Endurance’s portfolio, Endurance plans to leverage Maxwell’s deep technical expertise developed over the years and its BMS deployment experience in Indian and European conditions – Endurance aims to offer its products to multiple new customers, including Indian automotive OEMs and battery pack manufacturers

Axis Capital acted as exclusive Financial Advisor to ION Energy Inc. – Axis Capital ran a global competitive process and reached out to potential acquirers from North America, Europe & Asia – Extended comprehensive transaction support to the client team ranging from deal conceptualisation & structuring, buyer outreach, negotiations, due diligence coordination and transaction documentation, besides assisting in overall transaction process management
₹ 10,400 Mn

IPO Dec 2021

The transaction involved Endurance purchasing 51% stake in Maxwell Energy System Pvt. Ltd (Maxwell), a subsidiary of ION Energy Inc. (renowned energy tech start-up) with remaining 49% to be purchased in a phased manner over 5 years – Maxwell is engaged in the business of development, manufacturing, assembly and selling of advanced electronics in the form of battery management systems (BMS) and battery focused power distribution units for electric vehicles and energy storage systems – Endurance is one of the leading automotive component manufacturers having a diverse range of technology intensified products with operations in India and Europe. ETL is engaged in designing / engineering, manufacturing of aluminium castings, suspensions, braking systems and transmissions – Maxwell’s BMS is the first specific EV product in Endurance’s portfolio, Endurance plans to leverage Maxwell’s deep technical expertise developed over the years and its BMS deployment experience in Indian and European conditions – Endurance aims to offer its products to multiple new customers, including Indian automotive OEMs and battery pack manufacturers

Axis Capital acted as exclusive Financial Advisor to ION Energy Inc. – Axis Capital ran a global competitive process and reached out to potential acquirers from North America, Europe & Asia – Extended comprehensive transaction support to the client team ranging from deal conceptualisation & structuring, buyer outreach, negotiations, due diligence coordination and transaction documentation, besides assisting in overall transaction process management

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Axis Capital’s M&A practice is led by

Transaction Details for ION Energy Inc