Buy-Side M&A
End-to-end buy-side advisory for industrial acquirers, covering target mapping, outreach, valuation, diligence support, negotiation, and closing readiness to help clients execute disciplined inorganic growth strategies.
Transjovan Capital advises industrial businesses and acquisitive enterprises on middle market M&A with a sharp focus on strategic fit, cross-border execution, and post-deal value creation. From target screening and buy-side support to divestitures and integration planning, the team helps clients pursue transactions with discipline, speed, and synergy-led outcomes.
Focused advisory solutions for industrial companies pursuing acquisitions, divestitures, partnerships, and integration-led value creation.
End-to-end buy-side advisory for industrial acquirers, covering target mapping, outreach, valuation, diligence support, negotiation, and closing readiness to help clients execute disciplined inorganic growth strategies.
Strategic divestiture support for companies selling business units or non-core assets, with guidance on positioning, buyer engagement, transaction management, and value-maximizing deal execution.
Advisory for international acquisitions across major markets, helping industrial clients evaluate overseas targets, navigate complex deal structures, and pursue expansion with experienced cross-border execution support.
Joint venture advisory for industrial companies seeking strategic partnerships, including evaluation, structuring support, and integration planning to align capabilities, market access, and long-term value creation.
Post-merger integration and synergy PMO support designed to help clients align teams, systems, and operating priorities while tracking synergy capture through structured governance and reporting.
Strategic board advisory on capital allocation, portfolio priorities, and growth decisions, helping leadership teams evaluate M&A opportunities within a broader long-term corporate development agenda.
We begin by clarifying acquisition or divestiture objectives, investment criteria, sector priorities, and value-creation goals. This creates a practical deal thesis that aligns transaction activity with broader industrial growth, capability expansion, or portfolio optimization plans.
Clients rely on the firm for senior-led execution, sector depth, and disciplined transaction support.
Senior advisors stay directly involved from strategy through execution and post-deal planning.
Deep industrial sector knowledge supports sharper target evaluation, synergy logic, and transaction positioning.
Global coverage across the US, Europe, India, and APAC supports international deal sourcing.
Over USD 15 billion advised and 250+ clients served across complex strategic transactions.
Experienced operators, bankers, and strategic advisors.
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.
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.
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.
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.
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.
Senior Advisor
Middle market M&A refers to mergers, acquisitions, divestitures, and related transactions involving companies that are larger than small businesses but below large-cap enterprise scale. These deals often require institutional-quality advisory support across valuation, buyer or target outreach, diligence, negotiation, and integration planning, while remaining highly sensitive to strategic fit, management continuity, and execution discipline.
Speak with senior advisors about strategy, timing, and execution.
Recognized in India for 2024 excellence.
Entrepreneurship network membership and industry credibility.
Active participation in global business chambers.
Share your acquisition, divestiture, or strategic advisory needs, and a senior team member will review the opportunity and next steps.
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.
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.