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Refex acquires Modepro for strategic expansion

PRIVATEAug 21, 2026about 3 hours ago

Acquiring Company

Refex

Acquired Company

Modepro

EnergyOil And Gas

Description

Refex has successfully acquired Modepro with the guidance of Rajani Associates. The advisory firm facilitated legal diligence and the negotiation of transaction documents. This acquisition aims to enhance Refex's portfolio in the technology sector. The Kavalam family, promoters of Modepro, were advised throughout the process.

Company Information

Company

Refex

About

Refex is a company known for its diversified portfolio in various sectors including energy and chemicals. The firm focuses on innovative solutions and strategic expansions. Refex aims to enhance its market position through acquisitions and partnerships. It has a significant footprint in the Indian market.

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Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Modepro?

Modepro was acquired by Refex. The deal was reported on August 21, 2026. Refex is a company known for its diversified portfolio in various sectors including energy and chemicals. The firm focuses on innovative solutions and strategic expansions. Refex is privately held and operates in Energy.

When did Refex acquire Modepro?

Refex's acquisition of Modepro was reported on August 21, 2026. Refex has successfully acquired Modepro with the guidance of Rajani Associates. The advisory firm facilitated legal diligence and the negotiation of transaction documents. This acquisition aims to enhance Refex's portfolio in the technology sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Modepro do?

Modepro is a technology firm that specializes in providing innovative solutions to its clients. The company focuses on enhancing operational efficiency and delivering high-quality products. It is privately held.

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