New Delhi, Feb. 10 -- Mid-market private equity (PE) firm Jashvik Capital has acquired a significant stake in pest control and home care products maker Midas Hygiene, a joint statement issued by the two companies said on Monday.

While the size of the investment was not revealed, the PE firm has acquired a majority stake in the Mumbai-based Midas Hygiene, according to a person familiar with the deal. Jashvik Capital's previous deals have been in the range of $25-30 million.

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Midas Hygiene sells consumer products for pest control and home care, under brands like Laxmanrekhaa, Khatnil and Sanipic. The company sells products across the country thro...