Buy-Side M&A
End-to-end buy-side support covering target screening, valuation, diligence, synergy case development, negotiation inputs, and transaction readiness for enterprises pursuing inorganic growth.
Make acquisition decisions with greater confidence through rigorous pre-deal diligence and valuation modeling support. Transjovan Capital helps enterprises assess targets, pressure-test assumptions, quantify synergies, and build decision-ready investment cases before signing, so leadership teams can move faster with clearer downside visibility and stronger negotiating leverage.
Focused advisory support for evaluating targets, validating value, and strengthening acquisition decisions before deal execution.
End-to-end buy-side support covering target screening, valuation, diligence, synergy case development, negotiation inputs, and transaction readiness for enterprises pursuing inorganic growth.
Advisory for international acquisitions with support on target assessment, transaction structuring considerations, and diligence coordination across multiple markets and jurisdictions.
Ongoing strategic support for multi-deal pipelines, portfolio reviews, and transaction evaluation frameworks that improve capital allocation and acquisition discipline.
Evaluation support for joint venture opportunities, including commercial assessment, strategic fit analysis, and integration planning for partnership-led growth.
Advisory for expansion capital decisions with financial analysis, growth platform evaluation, and investment case development for scaling businesses.
Board-level guidance on capital allocation, growth priorities, and transaction decisions backed by structured analysis and experienced strategic judgment.
Pre-deal diligence and valuation modeling help leadership teams move beyond headline numbers to understand real value, integration risks, and synergy potential. Transjovan Capital combines financial rigor, strategic context, and transaction experience to assess targets from multiple angles, giving buyers clearer investment theses, stronger negotiation positions, and better alignment between acquisition strategy and long-term value creation.
Enterprises rely on us for disciplined transaction analysis and senior-led execution.
Every mandate is led by senior advisors with deep M&A and operating experience.
Cross-border coverage across the US, Europe, India, and APAC supports complex target evaluations.
Deep expertise across Industrials, Consumer, B2B Services, and Emerging Technology improves diligence quality.
Over USD 15 billion advised and 250+ clients served strengthen transaction judgment.
Experienced operators, strategists, and M&A specialists.
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
Pre-deal diligence typically includes commercial, financial, strategic, and operational review of a target. For buy-side transactions, this can cover market attractiveness, business model quality, management assessment, financial performance, synergy potential, key risks, and integration considerations. The goal is to help buyers validate the investment thesis, identify red flags early, and make better-informed decisions before signing.
Speak with our advisors for structured diligence and valuation support.
Recognized in India for 2024 excellence.
Established advisory firm since 2011.
Active across leading business networks.
Share your acquisition, diligence, or valuation requirements and our team will outline a focused advisory approach for your mandate.
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.