Buy-Side M&A
End-to-end acquisition support covering strategy, target sourcing, valuation, diligence, negotiation support, and closing preparation for infrastructure service providers seeking inorganic growth.
Transjovan Capital helps infrastructure service providers pursue acquisitions, divestitures, joint ventures, and integration programs with sharper strategic clarity. From target screening and diligence to Day-1 readiness and synergy capture, the team supports complex transactions with partner-led execution, cross-border reach, and deep experience in industrial, energy, and service-led business models.
Focused advisory solutions for infrastructure service providers pursuing growth, consolidation, and operational value creation.
End-to-end acquisition support covering strategy, target sourcing, valuation, diligence, negotiation support, and closing preparation for infrastructure service providers seeking inorganic growth.
Post-merger integration and synergy governance support designed to align teams, systems, reporting, and value capture after infrastructure-focused transactions.
Strategic sell-side support for business units or assets, helping companies prepare, position, and execute divestitures with stronger transaction readiness.
Advisory for evaluating and structuring joint ventures that expand capabilities, market access, or delivery capacity across infrastructure service platforms.
Operational transition planning that prepares leadership, governance, and execution teams for a smoother first day after deal close.
Board-level guidance on capital allocation, portfolio priorities, and transaction strategy for enterprises navigating growth and transformation decisions.
Infrastructure service providers often face transactions with operational complexity, multi-entity structures, and integration risk beyond the deal itself. Transjovan Capital brings strategic and M&A support that connects acquisition logic with execution realities, helping leadership teams evaluate targets, manage diligence, prepare for Day-1, and track synergy capture through a disciplined, value-focused approach.
Clients rely on a senior-led team that combines strategic judgment with transaction execution depth.
Senior partners stay directly involved from strategy through execution on every mandate.
Global coverage across the US, Europe, India, and APAC supports multi-market infrastructure transactions.
Deep experience in industrial, energy, and B2B service environments strengthens transaction judgment.
Engagements emphasize synergy capture, Day-1 readiness, and post-deal value realization.
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
Transaction advisory services help companies evaluate, structure, and execute strategic deals such as acquisitions, divestitures, joint ventures, and capital raises. The work typically includes target screening, valuation, diligence coordination, negotiation support, deal structuring, and post-close planning. For infrastructure service providers, advisory support also helps assess operational fit, integration complexity, and synergy potential before capital is committed.
Talk with experienced advisors about strategy, diligence, and integration planning.
Recognized industry leadership in 2024.
Active membership supporting global business networks.
Connected to entrepreneurial and growth ecosystems.
Share your acquisition, divestiture, or integration priorities and our team will help outline the right advisory approach.
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.