Khaitan & Co advises upGrad Education Private Limited in relation to acquisition of 100% share capital of Wolves Recruitment and Staffing Private Limited

 

DEAL DETAILS

upGrad Education Private Limited | Acquisition of Wolves Recruitment and Staffing Private Limited

NO

HEADINGS

DETAILS

1.

Sector

Recruitment Services

2.

Name of Client

upGrad Education Private Limited

3.

Acquirer Details

upGrad Education Private Limited | India

upGrad is in the business of facilitating higher education and industry relevant programs through a technology platform, and spans across segments like test prep to study abroad, and undergrad degrees to campus courses in 250 universities.

4.

Target Details

Wolves Recruitment and Staffing Private Limited | India

Wolves India is in the business of providing end-to-end recruitment services to organizations.

5.

Deal Description

Advised upGrad Education Private Limited in relation to acquisition of 100% share capital of Wolves Recruitment and Staffing Private Limited.

6.

Total Consideration

USD 776.70 Thousands

7.

Team Members

The core team consisted of Monika Srivastava (Partner), Sanchit Agarwal (Partner), Aadhya (Senior Associate), Shubhang Upadhyay (Associate)

8.

Role of Firm

Khaitan & Co represented upGrad in its acquisition of 100% of Wolves Recruitment and Staffing Private Limited, and advised on drafting, negotiating and finalizing the share purchase agreement, founder’s employment agreement and other deal documents.

9.

Press Coverage

https://economictimes.indiatimes.com/tech/startups/upgrad-acquires-recruitment-staffing-firm-wolves-india/articleshow/92868231.cms

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