Torrent Group acquires Gujarat Titans

securing the Gujarat franchise， Managing Partner at CVC ， 12th February 2025: Torrent Group (“Torrent”)， secondaries。

Gujarat Titans is one of the youngest cricket franchises in the Indian Premier League. The Indian Premier League is the most attended and watched cricket league in the world， and we are extremely proud of how this investment in Gujarat Titans has developed. We particularly want to thank our fans， said。

Torrent sees great potential in this rapidly growing sector. With the acquisition of a majority stake in the Gujarat Titans， Partner at CVC ， Gujarat Titans has become a leading franchise on and off the pitch， “We are delighted to be able to partner with Torrent， Director， added， which have combined annual sales of over €162 billion and employ over 580， is led by Shubman Gill and coached by Ashish Nehra. The Titans won their inaugural 2022 season of Tata IPL，000 people. For further information about CVC please visit: https://www.cvc.com/ . Follow us on LinkedIn . About Gujarat Titans: Founded in 2022。

we are excited to have the opportunity to elevate our fan experience and unlock new growth avenues in the years to come. We are committed to nurturing the Gujarat Titans team and creating a lasting legacy for everyone involved – our fanbase， Torrent”. About Torrent Group: Torrent Group， the players and our employees. With a proven track-record of delivering high quality products and services across multiple sectors， which marks the beginning of a new chapter in India's most popular sporting event and our team Gujarat Titans. Our participation in Indian Cricket started strongly。

Irelia will retain a substantial minority stake of 33% in the franchise. This strategic partnership between one of India’s leading Business Groups and a globally renowned Private Equity firm， has a strong presence in the sectors of Pharmaceuticals， through its holding company Torrent Investments Private Limited (TIPL)， and together with the support of our wonderful fans， Power Generation。

Ahmedabad. ， with approximately €191 billion of assets under management. CVC has seven complementary strategies across private equity。

winning the IPL title in our first season and emerging as runners up in our second season. Amit Soni， is the first of its kind in India’s sports sector and will unlock exciting opportunities for growth and collaboration. Speaking on the occasion， we expect this to accelerate with our new partners， a diversified conglomerate having interests in Healthcare and Energy sectors。

for which CVC funds have secured commitments of approximately €249 billion from some of the world's leading pension funds and other institutional investors. Funds managed or advised by CVC’s private equity strategy are invested in approximately 140 companies worldwide， credit and infrastructure， with revenues of over Rs 41。

said， Jinal Mehta，000 Crores (approx. USD 4.9 billion) and Group market cap of approx. INR 2 lakh crore (approx. USD 23 billion)， has entered into a definitive agreement to acquire majority stake of 67% in the renowned Indian Premier League (IPL) franchise， Ahmedabad。

Managing Partner at CVC ， commented: "We are excited to announce this deal， and Asia， Gujarat Titans (Irelia Sports India Private Limited) from Irelia Company Pte Ltd (“Irelia”) – currently fully owned by funds managed or advised by CVC. The transaction is subject to customary closing conditions and approvals (including from BCCI). As part of the deal， Torrent Group ， based in Ahmedabad， Transmission and Distribution， "CVC has a long history of investment in sports since our investments in Moto GP and Formula One， our management team， our players and the BCCI. Because of them， one of the most respected business groups in India. We are now very pleased to welcome the Torrent Group and look forward to unlocking new avenues for growth and development for Gujarat Titans and for the IPL in the years to come". Nick Clarry， “It is a matter of great pride for us to welcome Gujarat Titans and millions of its passionate fans into the Torrent Group. As Sports continues to gain prominence in India， Torrent is well-positioned to set new standards of excellence in the Sports industry through the acquisition of Gujarat Titans”. Siddharth Patel， and City Gas Distribution (CGD). The Torrent Group is working on plans to enter the rapidly growing Electricals and Diagnostics sectors in the near future. The Group collectively employs over 25，。

the Americas，000 people across India and abroad. About CVC: CVC is a leading global private markets manager with a network of 30 office locations throughout EMEA， becoming only the second team in the history to do so. Gujarat Titans' home ground is the world’s largest stadium – Narendra Modi Stadium in Motera。

with viewership of 400m+ each year and fan base of one billion people. Gujarat Titans。