MargERP Limited has sold a significant minority stake to API Holdings Limited

Founded in 2000 in Delhi, India, MargERP is a leading technology platform for micro, small and medium enterprises, offering traditional enterprise resource planning; application-based, business-to-business (B2B) ordering; and financial technology services. The company is one of India’s largest ERP providers for pharmaceutical retailers and wholesalers with over 200,000 pharmacies and wholesalers served as of Fiscal 2021.

As the digital pharmaceutical ecosystem evolves rapidly, MargERP has created a platform to emerge as a leading B2B, Software as a Service player in the industry with offerings, such as e-ordering, payment solutions and hyperlocal delivery.

Siddharth Shah, Managing Director and Chief Executive Officer of API Holdings, commented, “MargERP will be a valuable addition to the API Holdings ecosystem and form a critical building block in creating a fully integrated healthcare platform. We are excited to partner with the MargERP team as it will allow us to build relationships with pharmacies and wholesalers since our products power both operations as well as commerce opportunities.”

Gaurav Marathe, Managing Director and Chief Executive Officer of Lincoln India, stated, “We are extremely pleased to have advised the shareholders of MargERP on this transaction. With this strategic partnership and impending technology integration, MargERP is poised to add to API Holdings depth of coverage and will play a pivotal role in value creation for all stakeholders across the pharmaceutical value chain.”

Lincoln acted as the exclusive financial advisor to MargERP, working closely with the management team and shareholders throughout the transaction process. This included providing industry expertise and managing the preparation, marketing, negotiation and due diligence phases of the transaction.

Marg ERP LTD API Holdings 2021
  • 2021
    Close Year
  • Healthcare
    Industry
  • Private
    Client Type
  • Strategic | Domestic
    Transaction Type
  • India
    Country
The Lincoln team was instrumental in facilitating a successful transaction for all stakeholders and helping us in finding the right partner to execute our growth strategy. Lincoln’s deep industry expertise combined with a highly dedicated team of bankers proved critical in achieving a successful outcome. We are excited to partner with API Holdings and start the next chapter of our story.
Thakur Anup Singh
MargERP’s MD and co-founder

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Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.