J Sagar Associates (JSA) and Khaitan & Co advised Advent International Corporation and Temasek Holdings on their Rs 2,000 crore ($311m) buy of Crompton Greaves’ consumer electrical business from Avantha Holdings which was advised by Amarchand Mangaldas’ Delhi office.

JSA partners Somasekhar Sundaresan, Vikram Raghani, Manisha Kumar and Gautam Gandotra, senior associates Neha Varma and Bir Bahadur Sachar and associates Upamanyu Talukdar and Sujay Athani, and Khaitan partners Haigreve Khaitan, Aakash Choubey, Niren Patel, Arindam Ghosh, Avaantika Kakkar and Adheesh Nargolkar, associate partner Ashwin Bishnoi and executive director Daksha Baxi acted for Advent and Temasek.

Amarchand Delhi managing partner Shardul Shroff, partners Gunjan Shah and Naval Chopra and associates Shruti Kanodia and Divya Sharma acted for Avantha.

Avantha’s stake comprises 34.37 per cent in Crompton Greaves Consumer Electricals, according to the firms’ press releases.

Temasek, which teamed up with Advent at the last minute and will be a junior partner in the acquisition, is for the first time investing in a buyout in India through this deal, reported the Economic Times.

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Like +13 Object -1 Guest 07 May 15, 16:38  interesting  top rated
Are there no associates at Khaitan who work on deals? If not, what's the harm in giving them credit? Good that JSA is not that insecure about its associates and is happy to give their due credit.
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Like +7 Object -2 Diego Costa 07 May 15, 18:02  interesting
It's a bit like football. The score sheet has the name of the scorer not the guy who provided the assist, unfortunately.
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Like +1 Object -2 Curious 08 May 15, 11:12
Wasnt Iqbal Khan running this deal, from Khaitan & Co ?
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Like +5 Object -1 money for nothing 08 May 15, 18:49
no Ashwin Bishnoi was running this deal from KCO
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Like +2 Object -1 Deal 08 May 15, 23:04
Quoting Curious:
Wasnt Iqbal Khan running this deal, from Khaitan & Co ?


Iqbal was nowhere involved on this deal.
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Like +1 Object -0 Bryant 09 May 15, 22:50
In SAM, in corporate / M&A, other than Gunjan and Raghubir, does anyONE else do any serious M&A work? Have never heard of any other partner on any other deal! Yes Ravi Bandhkavi of course, but he is no longer with SAM now.
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Like +1 Object -0 AMSS Alum 11 May 15, 15:58
Do you want the long answer or the short answer? The short answer is that there are officially a dozen partners who work on M&A matters, but a mix of confidentiality requirements, low deal value, lack of "glamour", office politics (for deciding to report or not) and lack of trust in the deal partner ("if they become famous, they might leave" worries) curbs which names get disclosed.
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