The Sage Group Plc - Acquisition of Fyle
Khaitan & Co advised Sage in relation to the acquisition of Fyle. Fyle makes expense management effortless and instant for small and medium sized businesses by automating every interaction between employees, finance teams, and accounting systems. Its AI-driven platform embeds receipt capture within everyday apps and surfaces real-time insights to slash month-end close times. Sage is a global leader in accounting, financial, HR and payroll technology for small and mid-sized businesses.
Hexaware Technologies Limited - Acquisition of Target Entities
Khaitan & Co advised Hexaware Technologies Ltd, a listed Indian entity, and its affiliate, in their acquisition of Target Entities (SMC Squared, LLC, Tech SMC Square India Pvt Ltd and Tech SMC Squared (GCC) India Pvt Ltd).
Delachaux S.A - Sale of shares
Khaitan & Co advised Delachaux S.A. on the Indian law aspects of the sale of its shares in Frauscher Sensor Technology Group GmbH (Austria) to Wabtec Corporation for an enterprise value of EUR 675 million. Frauscher Sensor Technology Group GmbH is a global leader in train detection and axle counting systems. Baker McKenzie acted as the global counsel to Delachaux S.A. on this transaction, while Khaitan & Co assisted on the Indian law aspects.