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Clove Legal, Platinum on Access Asset PE buyout of Teleysia

Clove Legal advised the promoters of Ahmedabad-based Teleysia Networks on selling a controlling stake in it to private equity firm Access Asset Managers which was advised by Platinum Partners.

Clove co-founding partners Dharmesh Kotadia and Amit Sirsikar and associate Nupur Rustagi acted for the promoters of Teleysia.Platinum associate Abhinav Bhalaik acted for Access.

Access focuses on SMEs and made a management buyout in this deal through its Access India Fund, along with other unnamed co-investors, reported VC Circle.

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