Private equity
JadoPado Limited
Acting for JadoPado Limited in its receipt of first round investment from BECO Capital and its subsequent sale.
Worldwide private equity house
Acting for a worldwide private equity house in two second round financings with multiple investors in technology companies based in India and Mauritius. Assumed the role of lead transaction counsel and involved in detailed negotiations of the documents.
antfactory
Represented antfactory in its second round investment in Customerasset which was a leading BPO company.
ChrysCapital
Represented ChrysCapital in its landmark investment in Spectramind Limited, a leading BPO company which was later sold to Wipro.
India Value Fund
Advised India Value Fund in its acquisition of a stake in Media Broadcasting Private Limited.
Promoters of NDT Corrosion Control Services
Advising the promoters of NDT Corrosion Control Services in the sale of majority stake in the company to Investcorp, Bahrain.
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Public and private M&A
Bureau Veritas
Led the transaction team advising Bureau Veritas on its acquisition of Mumbai-based Sievert Group which has a strong presence in the Middle East and South East Asia. Led the transaction negotiations along with India counsel in this cross-border, multi-jurisdictional deal spanning India, the UAE, Qatar, Oman, Saudi Arabia and Singapore.
Al Hokair Group
Advising the Al Hokair Group in respect of its investments by Jadwa Investments (approximately SAR 500 million). This involved detailed negotiations of the transaction documents and an internal due diligence on the Al Hokair Group.
MS Pharma
Advising MS Pharma in respect of the US$50 million investment made by the European Bank of Reconstruction and Development and a further investment of US$45 million by the International Finance Corporation.
Zubair Corporation
Advising Zubair Corporation in its acquisition of the Federal Group of power transformer companies in Abu Dhabi. This involved a detailed due diligence and lengthy negotiations.
Promoters of NDT Corrosion Control Services
Advising the promoters of NDT Corrosion Control Services in the sale of majority stake in the company to Investcorp, Bahrain.
Orbimed
Advising OrbiMed, a global healthcare investment fund in its investment in the KIMS Group. This transaction involved an extensive due diligence on the target group which had a presence across five GCC countries. This also involved advising the structure of the transaction and importantly in implementing various recommendations and putting into place appropriate shareholder documentation in multiple jurisdictions in the GCC. Further, re-engaged by KIMS Group for a vendor due diligence in respect of the sale by OrbiMed of its shares to and further investment by True North a leading India based private equity firm.
Large UAE based investor
Acted for a large UAE based investor (a joint venture between a sovereign wealth fund and a leading US corporate) in its acquisition of a minority stake in a listed power company in Oman. This was the first equity transaction of this investor. Led the transaction, from the due diligence, to the documentation and closing.
Leading Japanese advertising agency
Acting for a leading Japanese advertising agency in its acquisition of a 50% stake in an Indian advertising group based in India and Dubai. Supervised the legal due diligence review of the target company and its subsidiaries and preparation of the due diligence report. Drafting of transaction documents, including structuring the deferred payment of the acquisition price based on the performance of the target group and a detailed shareholders agreement.
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Joint ventures
Tata Steel Limited
Acted extensively on the investment by Tata Steel in respect of a limestone mining project in Oman. Involved in drafting corporate transaction documents as well as offtake and marketing term sheets.
Leading Japanese advertising agency
Acting for a leading Japanese advertising agency in its acquisition of a 50% stake in an Indian advertising group based in India and Dubai. Supervised the legal due diligence review of the target company and its subsidiaries and preparation of the due diligence report. Drafting of transaction documents, including structuring the deferred payment of the acquisition price based on the performance of the target group and a detailed shareholders agreement.
GMS Holdings
Advised GMS Holdings in a joint venture with the Strides group in the healthcare sector in India.
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