Shardul Amarchand Mangaldas & Co. advised Macquarie Capital, the corporate advisory, capital markets, and principal investment arm of Macquarie Group, in its acquisition of majority stake in Excel Telesonic India Private Limited (CloudExtel), a leading Network as a Service (NaaS) provider in India.
Shardul Amarchand Mangaldas & Co. advised on all the aspects of the transaction from Indian law perspective including transaction structuring, documentation, due diligence, telecom regulatory and anti-bribery and anti-corruption law advice.
The team at Shardul Amarchand Mangaldas & Co. advising on this transaction comprises the following.
Transaction team – Jay Gandhi – Partner, Amruta Kelkar – Partner, Akshath Vidyanath – Senior Associate and Yashvardhan Mittal – Associate.
Allen & Overy, Singapore advised Macquarie Capital on international law aspects.
About Shardul Amarchand Mangaldas & Co.:
Shardul Amarchand Mangaldas & Co., founded on a century of legal achievements, is one of India’s leading full-service law firms. The Firm’s mission is to enable business by providing solutions as trusted advisers through excellence, responsiveness, innovation and collaboration. SAM & Co. is known globally for its exceptional practices in mergers & acquisitions, private equity, competition law, insolvency & bankruptcy, dispute resolution, capital markets, banking & finance and projects & infrastructure.
The Firm has a pan-India presence and has been at the helm of major headline transactions and litigations in all sectors, besides advising major multinational corporates on their entry into the Indian market and their business strategy. Currently, SAM has around 775 lawyers including 158 Partners, offering legal services through its offices in New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru, and Chennai.