Cyril Amarchand Mangaldas (“CAM”) is acting as Indian legal counsel to PTC Inc. on the proposed sale of its Kepware industrial connectivity and ThingWorx internet of things businesses to TPG, a leading global alternative asset management firm.
The transaction was led by Anshu Choudhary, Partner; with support from Aman Deep Borthakur, Senior Associate; and Jyotiranjan Mallick Associate.
Anchal Dhir, Partner, provided strategic inputs and guidance.
Abe Abraham, Partner; with support from Luv Saggi, Principal Associate; Nilavan S, Associate; and Jay Sharma, Associate; advised on employment law aspects.
Kunal Savani, Partner; with support from Bipluv Jhingan, Principal Associate; Shivam Garg, Principal Associate; and D R Shashank, Associate; advised on tax aspects.
Sindhushri Badarinath, Partner; with support from Abhishek Gabriel, Associate; Rashi Kabra, Associate; Abhishek Gabriel, Associate; Rashi Kabra, Associate; advised on certain RSU related aspects.
Anirban Mohapatra, Partner; with support from Vaibhavi Gangadhar, Associate; advised on data privacy aspects.