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P&A acts for RIB Group on buy into Indian construction technology software maker Capricot Tech

RIB Software SE (through its affiliates RIB Limited & RIB ITWO Software Private Limited), listed on Frankfurt Stock Exchange and an innovator in construction business providing software solutions across various industries worldwide, on 24 December 2019 invested in Indian company Capricot Technologies Private Limited, by means of a mix of debt and equity securities to the tune of over 20% of the company’s entire stake. Capricot is a value-added reseller of computer software and hardware, providing consulting/training services to various infrastructure and manufacturing industries in India.

RIB Invests into Capricot, an Indian BIM technology leader with over 20,000 active construction software USERS and thousands of IT clients in the building vertical. — Bloomberg

P&A Law Offices advised RIB Group led by a team of P&A Law Offices advised RIB Software SE, led by its corporate partner Ketan Mukhija, principal associate Gaurav Priyadarshi, senior associate Apurv Ranjan and associate Tuhin Batra.

Deal value: Confidential

2019-09-09

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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