{"id":370438,"date":"2025-12-20T14:00:56","date_gmt":"2025-12-20T08:30:56","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=370438"},"modified":"2025-12-20T13:41:02","modified_gmt":"2025-12-20T08:11:02","slug":"cyril-amarchand-mangaldas-ptc-inc-kepware-thingworx-sale-tpg","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/12\/20\/cyril-amarchand-mangaldas-ptc-inc-kepware-thingworx-sale-tpg\/","title":{"rendered":"Cyril Amarchand Mangaldas is acting as Indian legal counsel to PTC Inc. on the sale of its Kepware and ThingWorx businesses"},"content":{"rendered":"
\n

Cyril Amarchand Mangaldas (“CAM<\/span>”) 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.<\/p>\n

The transaction was led by Anshu Choudhary, Partner; with support from Aman Deep Borthakur, Senior Associate; and Jyotiranjan Mallick Associate.<\/p>\n

Anchal Dhir, Partner, provided strategic inputs and guidance.<\/p>\n

Abe Abraham, Partner; with support from Luv Saggi, Principal Associate; Nilavan S, Associate; and Jay Sharma, Associate; advised on employment law aspects.<\/p>\n

Kunal Savani, Partner; with support from Bipluv Jhingan, Principal Associate; Shivam Garg, Principal Associate; and D R Shashank, Associate; advised on tax aspects.<\/p>\n

Sindhushri Badarinath, Partner; with support from Abhishek Gabriel, Associate; Rashi Kabra, Associate; Abhishek Gabriel, Associate; Rashi Kabra, Associate; advised on certain RSU related aspects.<\/p>\n

Anirban Mohapatra, Partner; with support from Vaibhavi Gangadhar, Associate; advised on data privacy aspects.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The transaction involves multidisciplinary legal advice spanning M&A, employment, tax, data privacy, and equity compensation matters.<\/p>\n","protected":false},"author":67011,"featured_media":370450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[68835,30960,95336,95335,95337,95338],"class_list":["post-370438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-cam","tag-cyril-amarchand-mangaldas","tag-kepware-business-sale","tag-ptc-inc-sale","tag-thingworx-iot-business","tag-tpg-acquisition-technology"],"yoast_head":"\nCyril Amarchand Mangaldas is acting as Indian legal counsel to PTC Inc. on the sale of its Kepware and ThingWorx businesses | SCC Times<\/title>\n<meta name=\"description\" content=\"Cyril Amarchand Mangaldas is acting as Indian legal 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