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M&A AdvisoryInfrastructure & EPC

Alcon Builders & Developers: M&A Advisory

Exclusive sell-side M&A advisory for the 100% acquisition of Alcon Builders and Developers Pvt. Ltd. by GPT Infraprojects.

Transaction Overview

PriQuant acted as the exclusive financial advisor to the shareholders of Alcon Builders and Developers Pvt. Ltd. in its 100% acquisition by GPT Infraprojects Limited. The all-cash transaction was valued at approximately ₹150 Crore.

Established in 1988, Alcon Builders is a premier Engineering, Procurement, and Construction (EPC) contractor specializing in high-margin signaling, telecommunication, and allied works for Indian Railways.

Key Transaction Highlights

  • Client: Alcon Builders and Developers Pvt. Ltd.
  • Acquirer: GPT Infraprojects Limited
  • Sector: Infrastructure / Railway EPC
  • Service: Sell-Side M&A Advisory

Our Role

PriQuant managed the end-to-end sell-side advisory process on behalf of the promoters, orchestrating a seamless transaction lifecycle:

  1. Strategic Positioning & Valuation: Conducted thorough financial modeling and valuation analysis. We successfully positioned Alcon's three-decade-old specialized platform and strong Indian Railways relationships to command a premium valuation multiplier.

  2. Buyer Outreach & Negotiation: Identified strategic acquirers seeking to expand their EPC footprint into the niche railway signaling segment. Facilitated complex negotiations with GPT Infraprojects to structure an optimized, all-cash exit for the founders.

  3. Due Diligence Leadership: Led a rigorous financial, legal, and operational due diligence process. We managed the Virtual Data Room (VDR), addressed extensive buyer queries, and accelerated the closing timeline.

Strategic Rationale

This acquisition allows GPT Infraprojects to strategically enter the high-margin railway signaling segment. It achieves critical operational and commercial synergies, significantly bolstering their overall EPC portfolio to capitalize on India's rapidly expanding railway infrastructure opportunities.

"PriQuant's deep understanding of the infrastructure sector and meticulous transaction management were instrumental in securing an optimal valuation and the right strategic home for our business built over three decades."