{"id":300303,"date":"2023-08-29T14:00:08","date_gmt":"2023-08-29T08:30:08","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=300303"},"modified":"2023-08-29T12:54:59","modified_gmt":"2023-08-29T07:24:59","slug":"khaitan-co-advises-sage-software-inc-in-relation-to-100-acquisition-of-corecon-technologies","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/29\/khaitan-co-advises-sage-software-inc-in-relation-to-100-acquisition-of-corecon-technologies\/","title":{"rendered":"Khaitan &#038; Co advises Sage Software, Inc. in relation to 100% acquisition of Corecon Technologies"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"text-align: center; font-weight: bold;\">DEAL DETAILS<\/p>\n<table style=\"border-bottom-style: none; border-left-style: none; border-right-style: none; border-collapse: collapse; border-top-style: none; margin-left: 0.16mm; margin-right: auto; table-layout: auto; width: 198.84mm;\">\n<colgroup>\n<col width=\"751\"\/><\/colgroup>\n<tbody>\n<tr>\n<td valign=\"top\" colspan=\"1\" style=\"text-align: center; background-color: #d3d3d3; border-bottom-width: 0.85pt; border-bottom-style: solid; border-bottom-color: #000000; border-left-width: 0.85pt; border-left-style: solid; border-left-color: #000000; border-right-width: 0.85pt; border-right-style: solid; border-right-color: #000000; border-top-width: 0.85pt; border-top-style: solid; border-top-color: #000000; padding-bottom: 0.69mm; padding-left: 0.69mm; padding-right: 0.69mm; padding-top: 0.69mm; vertical-align: top; width: 198.84mm;\">\n<p style=\"line-height: normal; margin-bottom: 0.0mm; text-align: center; font-weight: bold;\">The Sage Group Plc | Acquisition of Corecon Technologies, Inc. and its Indian subsidiary, Corecon Technologies India Private Limited<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-bottom: 3%;\">Khaitan &amp; Co advised Sage Software, Inc. in relation to 100% acquisition of Corecon Technologies, Inc. is a leading software developer for the construction industry and its Indian subsidiary, Corecon Technologies India Private Limited, by Sage Software, Inc. and its affiliates.<\/p>\n<p style=\"margin-bottom: 3%;\">The core team consisted of Anshul Prakash (Partner, Employment), Ashwin Bishnoi (Partner, Corporate), Ritu Shaktawat (Partner, Direct Tax), Shailendra Bhandare (Partner, Intellectual Property), Srikant C.V. (Partner, Corporate), Abhimanyu Pal (Principal Associate, Employment), Sneh Shah (Principal Associate, Direct Tax), Sourav Dan (Principal Associate, Intellectual Property), Kruthi Murthy (Senior Associate, Employment), Swati Garg (Senior Associate, Corporate), Kinjal Parikh (Associate, Intellectual Property), Pratham Sawant (Associate, Corporate), Varsha Sankara Raman (Associate, Employment).<\/p>\n<p style=\"margin-bottom: 3%;\">The firm advised and assisted the Client on: (a) legal due diligence of the Indian subsidiary namely Corecon Technologies India Private Limited; and (b) review and finalisation of transaction documents from an Indian law standpoint.<\/p>\n<p style=\"margin-bottom: 3%;\">Morris, Manning &amp; Martin, LLP represented by Amie Singer (Partner) acted for Sage Software Inc; Auctus Law (represented by Matt Waterman) and Indus Law (represented by Pallavi Kanakagiri) acted for Corecon Technologies Inc. and Corecon Technologies India Private Limited, respectively.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DEAL DETAILS The Sage Group Plc | Acquisition of Corecon Technologies, Inc. and its Indian subsidiary, Corecon Technologies India Private Limited Khaitan <\/p>\n","protected":false},"author":8808,"featured_media":300307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[15971,5821,19321],"class_list":["post-300303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-acquisition","tag-khaitan-and-co","tag-law-firms"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Khaitan &amp; 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