Food & Beverage M&A Advisory Services

Transjovan Capital advises food and beverage businesses on acquisitions, growth capital, divestitures, and strategic partnerships. With cross-border reach across the United States, Europe, India, and APAC, the team helps brands, processors, and consumer platforms evaluate opportunities, execute transactions, and plan integration with a strong focus on long-term value creation and synergy capture.

Food and beverage M&A advisory meeting

Our Food & Beverage M&A Advisory Services Services

Specialized advisory support for food and beverage transactions, growth strategies, and post-deal execution.

Buy-Side M&A

End-to-end buy-side advisory for food and beverage companies, covering target mapping, outreach, valuation, diligence, negotiation support, and closing readiness for strategic acquisitions.

Growth Capital

Capital advisory for food and beverage brands seeking expansion funding, category growth, distribution scale-up, or strategic investment to accelerate market penetration.

Divestiture Advisory

Support for food and beverage businesses evaluating the sale of business units, brands, or assets with a structured approach to positioning and transaction execution.

Joint Ventures

Advisory for food and beverage companies exploring joint ventures to enter new markets, expand manufacturing, strengthen distribution, or build strategic category partnerships.

PMI & Synergy

Post-merger integration and synergy governance support to align teams, processes, reporting, and value capture after a food and beverage transaction closes.

Consumer Advisory

Sector-focused advisory for consumer, FMCG, food, agriculture, retail, and brand-led businesses navigating acquisitions, portfolio expansion, and strategic growth decisions.

Sector-Focused Advisory

Strategic Deal Support for Growth

Food and beverage transactions require more than financial modeling alone. Transjovan Capital combines consumer-sector insight with partner-led execution to help clients assess targets, structure deals, raise growth capital, and manage integration priorities. From branded products and FMCG platforms to food and agriculture businesses, the firm supports strategic decisions with cross-border reach, disciplined diligence, and a value-creation mindset built around synergy realization.

Advisors planning a food and beverage transaction
The Transjovan Difference

Why Choose Transjovan Capital?

Clients rely on a senior-led team built for complex strategic transactions.

Partner-Led

Every mandate is led by senior advisors with deep M&A and operating experience.

Cross-Border Reach

The team supports transactions across the United States, Europe, India, and APAC markets.

Sector Depth

Consumer and food-focused mandates benefit from practical insight into brands, FMCG, and growth platforms.

Value Focus

Advisory is centered on synergy capture, integration readiness, and measurable strategic outcomes.

Meet The Advisory Team

Experienced leaders guiding complex strategic transactions.

Gaurav Asthana Managing Partner headshot

Gaurav Asthana

Managing Partner

Gaurav Asthana is the Managing Partner at Transjovan Capital and brings more than 21 years of experience in mergers and acquisitions and private equity. An ex-Ernst & Young and KPMG professional, he is widely recognized for cross-border M&A execution across four continents. He has advised Fortune 500 corporations, large conglomerates, and private equity funds on cumulative transactions worth USD 15 billion. His experience includes retained buy-side mandates for globally recognized enterprises such as Blackstone, Mahindra, Legrand, Altana, Sumitomo, and Cummins. Under his leadership, the firm earned recognition as the Best M&A Advisory Firm in India. He also serves in prominent industry bodies including the Indo-American, Indo-French, and Indo-German Chambers of Commerce, reflecting his strong global business network.

Deoki Muchhal Head - Consumer headshot

Deoki Muchhal

Head - Consumer

Deoki Muchhal is a strategist and advisor with extensive leadership experience across large multinational organizations. Having served as MD and CFO at Cargill India, he has led acquisitions, divestitures, joint ventures, and technology transformation initiatives designed to unlock long-term enterprise value. His background includes board-level exposure, corporate restructuring, turnaround strategy, and successful merger integration. Deoki brings a practical operator's perspective to strategic advisory, helping clients align financial, operational, and transformation priorities. He also has a strong interest in ventures that improve competitiveness through digital technologies. A meritorious Chartered Accountant and alumnus of a Fortune 50 high-performance leadership academy, he adds seasoned financial and strategic judgment to complex growth and transaction mandates.

Rajesh Relan Head – Financial Services headshot

Rajesh Relan

Head – Financial Services

Rajesh Relan brings 37 years of experience, including 25 years in senior leadership roles across the insurance industry in India and the Asia Pacific region. He previously served as Managing Director of PNB MetLife India Insurance and has deep expertise in strategy, governance, financial planning, business transformation, and M&A. His career includes launching and scaling businesses, leading turnarounds, and executing acquisitions, including the purchase of an insurance broking company. Rajesh also serves as an independent director on boards of publicly listed companies, including Singer India Ltd. and Jaykay Enterprises. His involvement with industry bodies such as CII, FICCI, Amcham, and USIBC reflects broad market engagement. He contributes seasoned boardroom insight to strategic growth and transaction advisory assignments.

Anuraag Guptaa Head – IT Services headshot

Anuraag Guptaa

Head – IT Services

Anuraag Guptaa has 27 years of experience in IT services spanning BFSI, consulting, professional services, and BPO. He has held CEO and board-level roles at organizations including First Meridian, Quess Corp, Capgemini, and Gulf Bank. At Quess Corp, he helped build India's largest technology staffing firm, culminating in a 2016 IPO at a valuation of USD 2 billion. His strengths include operational transformation, P&L leadership, greenfield venture incubation, organizational restructuring, and navigating complex M&A environments. Anuraag also mentors and invests in niche startups, bringing a growth-oriented perspective to advisory work. He is an alumnus of Harvard Business School and holds an MBA from LSE, NYU Stern, and HEC Paris, along with Six Sigma Master Black Belt certification from GE.

Chetan Tolia Senior Advisor headshot

Chetan Tolia

Senior Advisor

Chetan Tolia brings more than 30 years of leadership experience across major industrial organizations. He has served as a director on the boards of 10 Tata companies and was CEO and Executive Director of WREPL, a Tata Power company in the renewables business. His background also includes serving as Chief HR Officer of Tata Power, CEO of Tata BlueScope Steel Limited, and head of Strategy & Planning at Tata Steel. He played a key role in forming the BlueScope Steel and Tata Steel joint venture and in shaping growth strategy for large industrial businesses. With deep exposure to strategy, joint ventures, board governance, and industrial operations, Chetan adds valuable manufacturing and infrastructure insight to enterprise advisory engagements.

Portrait of Atishay Jain

Atishay Jain

Portrait of Ananya Ranka

Ananya Ranka

Portrait of Avya Malik

Avya Malik

Portrait of Chetan Tolia

Chetan Tolia

Senior Advisor

Portrait of Shanti Priya

Shanti Priya

Frequently Asked Questions

What does F&B mean?

F&B stands for food and beverage. In an M&A context, it refers to businesses involved in food production, processing, packaging, distribution, branded consumer products, beverages, retail formats, and related agriculture-linked value chains. Advisory work in this sector often focuses on category expansion, brand acquisitions, supply chain capabilities, market entry, and post-deal integration planning.

What is the average buy-side M&A fee?

What types of food and beverage businesses can benefit from M&A advisory?

What is included in buy-side M&A advisory for food and beverage companies?

Can you help with cross-border food and beverage acquisitions?

Do you advise on post-merger integration after a transaction closes?

How long does a food and beverage M&A process usually take?

Can advisory support include growth capital and joint ventures, not just acquisitions?

Still Have Questions About M&A?

Speak with senior advisors about your transaction goals.

Global Markets Served

Transjovan Capital supports clients across major international markets through a cross-border advisory platform.

4 Regions

Service Reach

4 Offices

Office Network

250+ Clients

Client Coverage

Need Cross-Border Advisory Support?

Discuss your target markets and transaction priorities.

Trusted & Recognized

Awards and Recognition

Best M&A Advisory Firm award logo

Best M&A Advisory Firm

Recognized in India for 2024.

15 plus years experience trust badge

15+ Years Experience

Longstanding advisory track record.

Global chamber memberships trust badge

Global Chamber Memberships

Active across respected business networks.

Start a Strategic M&A Conversation

Share your acquisition, capital, divestiture, or partnership objectives, and our team will follow up with the right advisory perspective.

Contact Us Today

For immediate assistance, feel free to give us a direct call at 1800 102 5700. You can also send us a quick email at info@transjovancap.com.