S&R Associates
Mergermarket Q1 M&A value leader AZB & Partners slipped to seventh spot in 2014’s half-yearly rankings, while Q1 ninth-ranked Amarchand made up the lag to top spot.
S&R Associates has promoted its Delhi corporate lawyer Mohit Gogia to partnership effective yesterday.
At least three domestic law firms acted on Vodafone UK’s buyout of Vodafone India shareholders to take full control over its Indian subsidiary for more than $1.6bn.
Economic Laws Practice (ELP) advised Canaan Partners and Mayfield Fund and S&R Associates advised Bertelsmann India in investing $12m (Rs 75 crore) in residential listings website India Property Online (IPO) which was advised by Fox Mandal.
ELP Mumbai associate partner Vinayak Burman with associate manager Archana Khosla and associate Trishna Sharma acted for existing IPO investors Canaan and Mayfield in the $12m series B Funding as reported by the Business Standard.
S&R partner Rajat Sethi and associates Rachael Israel, Lakshmi Pradeep and Sowjhanya Shankaran acted for Bertelmann which is the strategic investment arm of the German media company Bertelsmann SE & Co. KGaA in India, as reported by Mint.
Fox partner Jeevandham Rajagopalan and associate Anju Menon acted for IPO which is a Consim Info spun-off founded by the maker or Matrimony.com, according to the Hindu.
As year-end approaches and law firms send out a flood of press releases for the annual deals league tables, Legally India has wrapped up the most interesting ones in one tidy package.
S&R Associates and Kirkland & Ellis advised the UK-based Kewill group and its backers Francisco Partners, in buying Hyderabad-based software solutions provider Four Soft for Rs 265 crore ($43.4m). Four Soft was advised by BMR Legal.
The incumbents continued their rule in the consultancy’s 2013 ranking of law firms, while the ecosystem as a whole has widened.
BMR’s latest recruit, Amit Khansaheb, seals second deal at consultancy’s legal arm.
Amarchand, AZB, Khaitan, Crawford Bayley and S&R Associates wrap up the last five deals of 2012..
Amarchand Mangaldas, with Jones Day, advised healthcare BPO Apollo Health Street (AHSL) and its promoters in selling out for Rs 1000 crore ($184m) to US-headquartered BPO Sutherland Global Services (SGS). SGS was advised by S&R Associates and Latham & Watkins.
Amarchand Mangaldas Mumbai managing partner Cyril Shroff with Bangalore corporate partner Reeba Chacko, and Jones Day Ohio counsel Deepak Reddy acted for AHSL and its shareholders Apollo Hospitals, Maxwell, Eliza Holdings and Healthcare Investments.
Apollo Hospitals holds 40 per cent in AHSL and the rest of the shareholders are private equity investors. AHSL has 150 clients in India, according to Reuters.
S&R Associates Delhi partners Rajat Sethi and Venkatesh Vijayaraghavan, with associates Radhika Iyer, Dhruv Nath, Radhika Agrawal and Lakshmi Pradeep, and Latham & Watkins Silicon Valley partner Tony Richmond acted for SGS, which belongs to multinational conglomerate Sutherland group.
SGS is one of the largest independent BPOs in the world with over 30,000 employees globally, according to the DNA.
Sutherland outbid BPO Genpact to buy AHSL, reported The Hindu.
More deals than you can shake a stick at in our handy round-up of deals activity, with dozens of firms keeping busy.
LI-Mint exclusive: Law firms saw a slump in earnings from their capital markets business in the year that ended March. Many that had invested heavily in the practice during the boom years adopted various strategies to cope with the decline.
S&R Associates has promoted Bhakta Patnaik in Mumbai and Venkatesh Vijayaraghavan in Delhi to increase its all-equity partnership to seven partners.
25 out of 76 students in NLSIU’s class of 2013 were placed across seven law firms and a foreign firm after 47 students participated in the law school’s so-called “Day Zero” on 12 May 2012, when six law firms and a foreign firm visited the campus.
Last month’s largest deals and the legal advisers that guided and benefited from them.