HOUSTON, March 9, 2020 /PRNewswire/ -- ZT Corporate, a private equity firm that specializes in healthcare and automotive companies, and Nitya Capital, a privately held real estate investment firm, today announced that the two Houston-based companies will explore ways to collaborate and take advantage of their respective expertise.
The firms will bring opportunities to each other and strategically utilize their experience in these potential transactions. ZT Corporate's expertise in healthcare and automotive sectors and Nitya Capital's expertise in real estate will be invaluable to these opportunities. As transactions arise that fit both firms at their discretion, the companies will announce joint venture deals with the first being expected in 2020.
Each organization is led with an entrepreneurial spirit and brings a unique, complementary perspective to this collaboration. Taseer Badar of ZT Corporate is a Pakistani American and is a graduate of Texas A&M University. Swapnil Agarwal of Nitya Capital is an Indian American and is a graduate of The University of Texas at Austin.
Taseer Badar, Chairman and Chief Executive Officer of ZT Corporate, said, "Sharing similar humble beginnings and pursuing the 'American Dream' with our respective businesses over the last 20 years, Swapnil and I both take great pride in our South Asian heritage along with the pride of America and the opportunities of all countries. This strategic partnership will expand the scope for our investors and is a win-win for everyone involved. We look forward to working together to align interests for our clients, and just as importantly, giving back to our communities through philanthropy and volunteerism."
Swapnil Agarwal, Chief Executive Officer of Nitya Capital, said, "Taseer and ZT Corporate share in our mission of creating capital value and wealth. We look forward to exploring opportunities where we can deliver a great benefit to each other and our alliance. ZT Corporate's proven track record in healthcare and automotive will bring new ideas and approaches to our team. Together, we intend to bring great returns and innovative opportunities to our investors."
About ZT Corporate
Established in 1997, ZT Corporate is a private equity firm with an active portfolio in healthcare services and automotive dealerships. With offices in Houston and New York, the team provides full-service wealth management services to its clients and investors and creates value through a broad range of financial channels, including traditional and alternative investments. ZT Corporate's active healthcare portfolio operates under Altus Healthcare and Neighbors, with automotive dealerships branded under the ZT Motors umbrella. For more information: www.ztcorporate.com
About Nitya Capital
Nitya Capital is a privately held real estate firm with approximately $2 billion in real estate assets throughout the country. The firm's assets span from its 16,000 multifamily units to commercial offices, single-family homes, townhome development, and multi-use ground-up development projects. Nitya is a vertically integrated real estate platform that manages its assets through its sister property management arm, Karya Property Management. For more information: www.nityacapital.com
Pierpont Communications for ZT Corporate
[email protected], 713-627-2223
SOURCE ZT Corporate