Express logistics company Spoton has been acquired by a consortium of investors led by homegrown private equity fund Samara Capital and Xponentia Fund Partners for Rs 550 crore in cash. Spoton’s acquisition is a part of Samara’s plan to create a retail ecosystem that the Mauritius-based PE firm would require if it is successful in acquiring the More supermarket chain from Aditya Birla Group, said a person familiar with the firm’s strategy.
AZB & Partners advised
Update 09 June 2019: Economic Laws Practice (ELP) advised
Desai Diwanji acted for
K Law acted for
2018-07-31
Deal value: Rs 550 crore ($78.5m)
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