Industrials Advisory
Sector-focused M&A guidance for electricals, engineering, auto, capital goods, building materials, energy, infrastructure, and chemicals, backed by leaders with hands-on industrial operating and transaction experience.
Transjovan Capital advises industrial businesses on acquisitions, divestitures, joint ventures, and post-merger integration with deep sector insight. From capital goods and chemicals to engineering, auto, and energy infrastructure, the team helps enterprise leaders pursue growth with sharper target selection, stronger diligence, and measurable synergy capture.

Specialized advisory solutions for industrial acquisitions, portfolio moves, integration, and long-term corporate development.
Sector-focused M&A guidance for electricals, engineering, auto, capital goods, building materials, energy, infrastructure, and chemicals, backed by leaders with hands-on industrial operating and transaction experience.
End-to-end acquisition support covering strategy, target sourcing, valuation, diligence, negotiation, closing, and Day-1 readiness for industrial enterprises pursuing inorganic growth.
Advisory for international acquisitions across the US, Europe, India, and APAC, helping industrial companies expand capabilities, enter new markets, and execute complex cross-border transactions.
Post-merger integration and synergy governance support with PMO oversight, workstream coordination, dashboards, and board-ready reporting to convert deal logic into operational value.
Strategic support for selling business units or assets, helping industrial groups evaluate carve-outs, prepare transaction materials, and manage value-focused divestiture processes.
JV evaluation and structuring support for industrial companies seeking partnerships, technology access, market entry, or shared manufacturing and distribution expansion.
Industrial transactions demand more than financial modeling. Transjovan Capital combines M&A execution with operating insight across manufacturing, engineering, energy, infrastructure, and chemicals to help clients assess strategic fit, validate synergies, manage complexity, and move from transaction intent to measurable value creation. The result is advice grounded in sector realities, not generic deal process alone.

Clients rely on a senior-led team built for complex corporate development mandates.
Deep expertise across electricals, engineering, auto, chemicals, capital goods, and infrastructure transactions.
Every mandate is led by senior advisors, including ex-Big-4 professionals and former CXOs.
Cross-border execution support across the US, Europe, India, and APAC for expansion-focused enterprises.
Engagements emphasize synergy capture, integration outcomes, and strategic fit rather than deal volume.
Senior operators and dealmakers guiding complex mandates.

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

An industrial M&A advisor helps companies evaluate acquisitions, divestitures, joint ventures, and broader corporate development opportunities. That typically includes acquisition strategy, target screening, valuation support, diligence coordination, negotiation assistance, Day-1 readiness, and post-merger integration planning. In industrial sectors, advisors also assess manufacturing footprint, supply chain fit, operational synergies, and sector-specific growth logic.
Speak with senior advisors about your acquisition, divestiture, or integration priorities.
Recognized in India for 2024.
Connected to global entrepreneurial networks.
Active across international business chambers.
Share your acquisition, divestiture, or integration goals and a senior advisor will review the opportunity with you.
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.