Divestiture Advisory
End-to-end support for companies selling business units or assets, including positioning, buyer engagement, transaction management, and execution guidance designed to preserve value and reduce disruption.
Transjovan Capital advises enterprises on divestitures in Japan with a cross-border, partner-led approach built for complex carve-outs, strategic exits, and portfolio realignment. From valuation support to buyer outreach and transaction execution, the team helps clients navigate Japan’s relationship-driven business environment while protecting value, continuity, and stakeholder confidence.

Focused advisory support for strategic exits, carve-outs, and portfolio optimization in Japan and cross-border markets.
End-to-end support for companies selling business units or assets, including positioning, buyer engagement, transaction management, and execution guidance designed to preserve value and reduce disruption.
Portfolio reviews, multi-deal planning, and strategic evaluations that help leadership identify non-core assets, sequence exits, and align divestitures with broader capital allocation priorities.
Board-level guidance on capital allocation, growth priorities, and transaction decisions, helping leadership teams evaluate divestiture timing, structure, and long-term strategic impact.
Divestitures in Japan often require careful stakeholder alignment, disciplined preparation, and sensitivity to long-term business relationships. Transjovan Capital supports enterprises through strategic exits, carve-outs, and asset sales with senior-led execution, sector insight, and cross-border transaction experience. The focus stays on maximizing value, maintaining continuity, and helping management teams move efficiently through complex decision-making and execution milestones.

Enterprises choose Transjovan Capital for senior attention, strategic depth, and global transaction experience.
Every mandate is partner-led by ex-Big-4, ex-CXO, and board-level professionals.
Experienced in multi-market transactions, including Japan-focused mandates requiring careful stakeholder coordination and international buyer access.
Deep expertise across industrials, consumer, B2B services, and emerging technology transactions.
Advised 250+ clients and over USD 15 billion in transactions across four continents.
Experienced leaders guiding complex strategic transactions.

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

A divestiture advisory firm helps companies plan and execute the sale of a business unit, subsidiary, product line, or asset. Services typically include exit strategy, buyer positioning, financial analysis, valuation support, outreach to potential acquirers, negotiation support, and transaction coordination. The goal is to maximize value while reducing execution risk, disruption, and stakeholder uncertainty throughout the process.
Speak with senior advisors about strategy, timing, and execution.
Recognized in India for 2024 excellence.
Established advisory platform since 2011.
Cross-border advisory across four continents.
Share your objectives and transaction context, and a senior advisor will connect to discuss scope, timing, 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.