ELP Archives - Legal Desire Media and Insights https://legaldesire.com/tag/elp/ Latest Legal Industry News and Insights Fri, 21 Dec 2018 06:59:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://legaldesire.com/wp-content/uploads/2018/11/cropped-cropped-cropped-favicon-1-32x32.jpg ELP Archives - Legal Desire Media and Insights https://legaldesire.com/tag/elp/ 32 32 Deal Update: ELP advises on Edelweiss investment in Sapphire Foods https://legaldesire.com/deal-update-elp-advises-on-edelweiss-investment-in-sapphire-foods/ https://legaldesire.com/deal-update-elp-advises-on-edelweiss-investment-in-sapphire-foods/#respond Fri, 21 Dec 2018 06:59:18 +0000 https://legaldesire.com/?p=32867 ELP Office Location Mumbai Is the matter/deal confidential? No Practice Group Private Equity Nature of Matter/Deal Private Equity Client Name Edelweiss Crossover Opportunities Fund (“Edelweiss”) Sector/Industry Relevance Food Industry Team members from ELP involved in the Matter/Deal Darshan Upadhyay (Partner), Amit Manubarwala (Partner), Ananthram Ganesh (Senior Associate), Alysha Razvi (associate) and Karan Narvekar (Associate) from […]

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]]> ELP Office Location Mumbai Is the matter/deal confidential? No Practice Group Private Equity Nature of Matter/Deal Private Equity Client Name Edelweiss Crossover Opportunities Fund (“Edelweiss”) Sector/Industry Relevance Food Industry Team members from ELP involved in the Matter/Deal Darshan Upadhyay (Partner), Amit Manubarwala (Partner), Ananthram Ganesh (Senior Associate), Alysha Razvi (associate) and Karan Narvekar (Associate) from Economic Laws Practice – ELP Summary/Description of the Matter/Deal Edelweiss invested approximately INR 1.8 Billion in Sapphire Foods India Private Limited (“Company”) for a shareholding of approximately 10% Description of our role/scope of work in the Matter/Deal ELP conducted the legal due diligence on the Company and its subsidiaries and thereafter negotiated, reviewed and drafted the transaction documents Description of any interesting aspects of the Matter/Deal The Company along with its subsidiaries operates Pizza Hut, KFC and Taco Bell outlets in India, Maldives and Sri-Lanka. List of other parties involved in the Matter/Deal and their roles NA List of other advisors involved, who they advised and the jurisdiction they advised in the Matter/Deal Luthra and Luthra Law Offices were the legal advisors to the Company Date of closing December 18, 2018 Current status and expected date of closing Closed Deal Value in Million/ Billion (if applicable) INR 2.25 Billion Is this information confidential?

(applicable only if the answer to section 2 is No) No

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]]> https://legaldesire.com/deal-update-elp-advises-on-edelweiss-investment-in-sapphire-foods/feed/ 0 Deal Updates: ELP advises on Acquisition of Spoton Logistics Private Limited https://legaldesire.com/deal-updates-elp-advises-on-acquisition-of-spoton-logistics-private-limited/ https://legaldesire.com/deal-updates-elp-advises-on-acquisition-of-spoton-logistics-private-limited/#respond Wed, 29 Aug 2018 06:51:30 +0000 http://legaldesire.com/?p=29698 Deal reporting of Samara Capital Partners Fund II and Samara Alternate Investment Fund for Acquisition of Spoton Logistics Private Limited (the “Company”) by providing exit to private equity fund Indian Equity Partners, Economic Laws Practice was involved in the Deal. Here’s the Deal Reporting:   Is the matter/deal confidential? Yes Practice Group Private Equity Nature of […]

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]]> Deal reporting of Samara Capital Partners Fund II and Samara Alternate Investment Fund for Acquisition of Spoton Logistics Private Limited (the “Company”) by providing exit to private equity fund Indian Equity Partners, Economic Laws Practice was involved in the Deal.

Here’s the Deal Reporting:

  Is the matter/deal confidential? Yes
Practice Group Private Equity Nature of Matter/Deal Acquisition of a company engaged in road express business
Client Name Samara Capital Partners Fund II and Samara Alternate Investment Fund Sector/Industry Relevance Road Express Business
Team members involved in the Matter/Deal Darshan Upadhyay (Partner), Amruta Kelker (Associate Partner) and Sreshtha Goyal (Associate)
Summary/Description of the Matter/Deal Acquisition of Spoton Logistics Private Limited (the “Company”) by providing exit to private equity fund Indian Equity Partners
Description of our role/scope of work in the Matter/Deal Acted as a deal counsel on behalf of the investor/ purchaser
Description of any interesting aspects of the Matter/Deal Acquisition of 100% shareholding from India Equity Partners and the management
List of other parties involved in the Matter/Deal and their roles India Equity Partners was the seller along with some minority interest from the management team
List of other advisors involved, who they advised and the jurisdiction they advised in the Matter/Deal AZB acted for the Sellers
Date of closing August 28, 2018 Current status and expected date of closing NA
Deal Value in Million/ Billion (if applicable) INR 5500,000,000 (Rupees Five Thousand and Five Hundred Million) Is this information confidential?

(applicable only if the answer to section2 is No)

 No
Stake (%) (if applicable) 100% Is this information confidential?

(applicable only if the answer to section2 is No)

 No

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