Prasenjit Chakravarti is a Partner in the M&A, Corporate and Commercial practice group. With nearly two decades of experience, Prasenjit specialises in mergers and acquisitions, including share transactions, asset transactions, business transfers, and joint ventures. He has extensive M&A experience across a range of sectors including automobile, renewable energy, chemicals, telecoms, and technology.
Prasenjit has worked on significant domestic and cross border transactions for both sellers and buyers including strategic buyers and financial sponsors advising on a range of legal, commercial, regulatory and governance issues. He regularly advises offshore clients and is a member of the Firm’s US and German Desk. He was recognised by India Super 50 Lawyer by Asian Legal Business 2023, Leading Lawyer Champion (Corporate and M&A) by Legal Era in 2023 and M&A law expert of the year by Leaders in Law Legal Era 2023, Recommended Key Lawyer (M&A) Legal 500 Asia Pacific 2023 and as one of Leading Lawyer (Best Corporate & M&A Lawyers) for 2022.
Mergers and Acquisitions
Corporate and Commercial
Private Equity
Advised Space Teleinfra Private Limited on the sale of 100% shareholding by the existing shareholders to Tower Infrastructure Trust (backed by Brookfield, GIC and British Columbia) for total consideration of INR 9 billion (USD 121 million) and additional milestone-based consideration.
Advised Mitsui and Co on its majority investment in Bharat Insecticides Limited
Advised Gateway Distriparks Limited, a leading multi-modal logistics company on the sale of its stake in Snowman Logistics Limited (SLL) to Adani Logistics Limited for a total consideration of approximately USD 41 million and consequent open offer to public shareholders of SLL.
Advised Gateway Distriparks Limited on it current intra group restructuring
Advised Groupe Soufflet, a French F&B company on its acquisition of Indian companies in the malting business.
Advised PI Health Sciences Limited, an Indian public listed company on acquisition of a 100% shareholding of Therachem Research.
Advised Harley-Davidson Motor Company Inc in its distribution and brand licensing arrangement with Hero MotoCorp Limited
Advised Birlasoft India Limited (a C K Birla Group company) on a “slump sale” (USD 16.3 Million) of a specific IT services business division (operated by client and two of its affiliates) to Genpact International, Inc including advising on transfer of employees and assignment of outsourcing arrangements
Advised Oviesse SpA, Italy on its joint venture in retail trading sector with Brandhouse Retails
Advised OCS Group Singapore Pte Limited (OCS) on (i) acquisition of additional 39.10 % stake in Absotherm Facility Management Private Limited, and (ii) acquisition of majority stake by it in an Indian entity engaged in facility management business
Advised Airgate Holdings Limited (an ITE Group company) on acquisition of minority stake in Asian Business Exhibitions & Conferences Ltd, one of India’s leading exhibition businesses
Advised Sekisui Chemical Co. Ltd on its joint venture with Dipty Lal Judge Mal Private Limited
Advised AVTEC Limited (a C K Birla Group company) on (i) exit by its minority shareholder (Actis) via secondary sale to a leading private equity player (a Warburg Pincus affiliate entity), and (ii) acquisition of majority stake by it in an overseas entity engaged in manufacturing of gears
Prasenjit Chakravarti has represented and advised the following clients
- India Super 50 Lawyers 2023 (ALB)
- Leading Lawyer Champion | Corporate and M&A 2023 (Legal Era)
- M&A law expert of the year by Leaders in Law 2023
- Recommended & Key Lawyer (M&A) Legal 500 Asia Pacific 2023
- Leading Lawyer (Best Corporate & M&A Lawyers) for 2022 - Legal Era
- Distinguished Legal Minds of India 2022 by the Legal Era
