Key Takeaways
- • ValueQuest's Tristar Fund is investing nearly $32 million (Rs 300 crore) in Chennai-based Trusted Aerospace & Engineering (TASE Global), a precision engineering and manufacturing platform serving global OEMs and Tier-1 suppliers.
- • The deal is the fourth portfolio company for Tristar Fund, which has secured commitments of over Rs 2,100 crore within 15 months of its first close.
- • TASE Global will use the capital to expand capacity, integrate its US operations and pursue larger OEM programmes across aerospace, medical technology and semiconductors.
- • TASE Global's clients include Roche, PerkinElmer, Honeywell, Collins Aerospace, GE and Eaton, and Spark Capital acted as exclusive financial advisor on the transaction.
Summary
ValueQuest's Tristar Fund announced on Friday that it is investing nearly $32 million (Rs 300 crore) in Trusted Aerospace & Engineering (TASE Global), a Chennai-based precision engineering and manufacturing company that supplies original equipment manufacturers (OEMs) and Tier-1 suppliers. The investment is the fourth portfolio company for Tristar Fund, which has secured commitments of over Rs 2,100 crore within 15 months of its first close.
TASE Global operates manufacturing facilities in India and the US, offering high-precision machining, complex component manufacturing, sheet-metal fabrication, specialised processes and precision assemblies. The company serves the medical and analytical instrumentation, aerospace, defence and industrial sectors, with clients including Roche, PerkinElmer, Honeywell, Collins Aerospace, GE and Eaton.
Shankar Raman Vaidyanathan, Founder, Chairman and CEO of TASE Global, said the partnership will support the company's next phase of growth as it expands capacity, integrates its US operations and pursues larger OEM programmes. He highlighted ValueQuest's strategic perspective and focus on institutionalisation as the company builds toward becoming a trusted partner for complex, high-value manufacturing across aerospace, medical technology and semiconductors.
ValueQuest Investment Advisors, founded in 2010 and headquartered in Mumbai, manages assets worth approximately Rs 32,304 crore. Its private equity funds, housed under Quest4Value Investment Managers LLP, have assets under management of over Rs 6,500 crore. Spark Capital served as exclusive financial advisor to TASE Global on the transaction.
TASE Global operates manufacturing facilities in India and the US, offering high-precision machining, complex component manufacturing, sheet-metal fabrication, specialised processes and precision assemblies. The company serves the medical and analytical instrumentation, aerospace, defence and industrial sectors, with clients including Roche, PerkinElmer, Honeywell, Collins Aerospace, GE and Eaton.
Shankar Raman Vaidyanathan, Founder, Chairman and CEO of TASE Global, said the partnership will support the company's next phase of growth as it expands capacity, integrates its US operations and pursues larger OEM programmes. He highlighted ValueQuest's strategic perspective and focus on institutionalisation as the company builds toward becoming a trusted partner for complex, high-value manufacturing across aerospace, medical technology and semiconductors.
ValueQuest Investment Advisors, founded in 2010 and headquartered in Mumbai, manages assets worth approximately Rs 32,304 crore. Its private equity funds, housed under Quest4Value Investment Managers LLP, have assets under management of over Rs 6,500 crore. Spark Capital served as exclusive financial advisor to TASE Global on the transaction.
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