veda  
 
We are pleased to announce that our client Fusion Foods and Catering Private Limited ("Fusion Foods"), a leading Industrial Catering Services company has raised strategic investment from Updater Services Private Limited ("UDS"), one of the leading Facilities Management Companies in India.

Fusion Foods is a reputed industrial caterer and a food partner of choice for leading businesses in Manufacturing, IT Services & Education Institutions. UDS is one of the largest Facility Management Services ("FMS") company in India and this transaction marks its foray into the lucrative industrial catering space. The transaction involved UDS providing an exit to angel investors and also funding future growth.

Veda Corporate Advisors ("Veda") was the exclusive financial advisor to Fusion Foods and its promoters in the transaction. Veda provided comprehensive transaction advisory services, including positioning, valuation, negotiation of definitive agreements, and transaction structuring leading to the successful closure of the transaction.

Commenting on the transaction, Mr V P Rajan, Associate Director at Veda Corporate Advisors, said, "Fusion Foods is one of the leading home grown industrial caterers in South India and has built a strong reputation in the highly competitive food services space. Fusion Foods and UDS will cross leverage on their respective strengths to provide an integrated FMS & catering solution to their clientele across South and West India"

Mr K Sridhar, Managing Director, Fusion Foods, said,

"We were introduced to Veda being a boutique firm that would address our needs. We found them to be this and more, as they handheld us through the entire journey- right from preparing a business plan, valuation, identifying a suitable buyer, due diligence and legal documentation. They clearly understood our business and were able to find a right match fairly quickly. Apart from their professionalism, the personal touch made all the difference"
 
 
tonbo   About Fusion Foods

Promoted by Mr K Sridhar Fusion foods, headquartered out of Chennai, is a one of the leading industrial caterers in South India. Its services include corporate and industrial catering, executive dining, beverage and snack counters, banqueting, food courts, etc. across cuisines including South India, North Indian, Tandoor, and Chinese. It maintains high quality standard adhering to Health & Food safety norms.
 
 
vedalogo   About UDS

UDS is one of the largest integrated facilities management services companies in India with significant presence across integrated facilities management, people and staffing production support services and industrial asset management segments. With an employee base of ~50,000, UDS caters to a clientele list that includes 700+ well-known names across verticals including Airports, Highways, IT/ITES and Business parks, Manufacturing, BFSI, Hospitality, etc.
 
 

Veda is a leading investment bank providing focused advisory services to companies, entrepreneurs and private equity funds. We offer independent advice and customized solutions on private equity fund raising and M & A. With a dedicated and experienced team spread across offices in Chennai and Bangalore , Veda brings together rich experience in handling a variety of transactions. Since inception, we have closed over 100 transactions, aggregating to approx. USD 3.5 billion in value.

Further information is available at www.vedacorp.com

Veda Corporate Advisors Private Limited
Chennai | Bengaluru
info@vedacorp.com