Khaitan & Co advises Softgel Healthcare Pvt Limited on acquisition of a controlling stake in Softgel Healthcare Private Limited by Everstone Capital

Softgel Healthcare Pvt Limited | Acquisition of a controlling stake by Everstone Capital

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HEADINGS

DETAILS

1.

Sector

Pharmaceuticals manufacturing sector

2.

Announcement Date

14-Sep-2022

3.

Completion Date

12-Sep-2022

4.

Name of Client

Softgel Healthcare Pvt Limited

5.

Acquirer Details

Everstone Capital | Singapore

6.

Target Details

Softgel Healthcare Private Limited | India

7.

Deal Description

Acquisition of a controlling stake in Softgel Healthcare Private Limited by Everstone Capital, the private equity arm of the Everstone Group. Softgel Healthcare Private Limited is a specialized niche dosage form focused manufacturing player catering to the global nutraceutical, pharmaceutical and OTC segments.

8.

Total Consideration

Confidential

9.

Team Members

The core team consisted of Vivek Sriram (Partner), Varun Narayan (Principal Associate), Atul Narayan (Associate), Vaasavi Sashiraman (Associate) with assistance from the following:
Advising the client on data protection and privacy related aspects of the transaction: Supratim Chakraborty (Partner), Sumantra Bose (Principal Associate), Shramana Dwibedi (Associate)
Taxation aspects: Vinita Krishnan (Director)

10.

Role of Firm

Advising the client on all aspects of the transaction including structuring, negotiation and finalisation of transaction documents, and closing and post-closing aspects.

11.

Financial Advisors

Veda Corporate Advisors

12.

Other legal advisors if any with names of Lead Lawyers

Cyril Amarchand Mangaldas – Sharada Ramachandra (Partner)