Secret Diary 2019

“Acquisitions are not something you can train for”

Secret Diary of Ajit Isaac — Part 3

RA Chandroo

In 2004, JP Morgan had moved its fund offshore and wanted to monetise some of its India investments. We hired Rothschild as an investment banker to sell the company. At the same time Adecco, the world’s largest HR solutions company came calling, so we did the transaction. It was a terrific summit to reach, like if you had built an IT services company and IBM came to buy it. There’s a certain pride in selling to the leading player in that space.