The Largest PE Exits Of 2011
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Patni Computer Systems

patni, patni computers, igate, igate patni, general atlantic, narendra patni, apax partnersPatni Computer, now iGate Patni saw the exit of its investor General Atlantic. The exit deal was valued at $254 million. General Atlantic had invested $100 million in Patni Computers in 2001. Patni Computers was founded in 1978, with its headquarters in Bangalore, by Narendra K. Patni, Gajendra Patni and Ashok Patni. The company was acquired by iGate in January 2011 which now holds 63 percent shares in the former, and the company was renamed as iGate Patni. The acquisition also saw the participation of Apax Partners.