Khaitan & Co advised the Amran/Narayan Group (including its founder shareholders and members and affiliates of the Shah family) on Standex International Corporation’s (NYSE: SXI) (“Standex”) landmark two-stage cross-border acquisition of Amran, LLC (operating as Amran Instrument Transformers) (“Amran”) and Narayan Powertech Pvt Limited (“Narayan”).
Khaitan & Co advised Hindustan Composites Ltd on sale of friction business of Hindustan Composites Ltd by way of slump sale to Rane (Madras) Ltd for a total consideration of INR 370 crores. The transaction is subject to regulatory approvals and other closing conditions. As part of the transaction, Rane (Madras) will also acquire the COMPO brand, and 2 plants, expanding its presence across aftermarket, fleet operator, and distribution channels.
Khaitan & Co advised Tata Capital Ltd on the execution of transaction documents to acquire approximately 88.6% of the shareholding of Yogakshemam Loans Ltd, a non-banking financial company (NBFC) primarily engaged in the business of lending against gold jewellery.
Khaitan and Co advised SoftServe, Inc. in its acquisition of 100% stake in New Vision Softcom and Consultancy Pvt Ltd, along with its wholly owned subsidiary in the United States, New Vision Software, Inc. (together, New Vision Software). The acquisition brings more than 700 employees of New Vision Software into the organization, expands SoftServe’s global footprint, and strengthens SoftServe's ability to support clients across complex transformation initiatives globally.
Khaitan & Co advised Airties S.A.S. in relation to entering into a definitive agreement to acquire Aprecomm Pvt Ltd, a Bengaluru-based leading provider of intuitive, self-healing network and customer experience solutions. The acquisition brings complementary go-to-market capabilities for ISPs across the globe and accelerates expansion into high-growth broadband markets, including India, South Asia, Southeast Asia, and South America.
Khaitan and Co advised SoftServe, Inc. in its acquisition of 100% stake in New Vision Softcom and Consultancy Pvt Ltd, along with its wholly owned subsidiary in the United States, New Vision Software, Inc. (together, New Vision Software). The acquisition brings more than 700 employees of New Vision Software into the organization, expands SoftServe’s global footprint, and strengthens SoftServe's ability to support clients across complex transformation initiatives globally.
Khaitan & Co advised Experity, Inc. on its acquisition of 100% of the shares of Exdion Healthcare Solutions Pvt Ltd, an Indian healthcare technology company providing IT and IT-enabled services to the healthcare industry, from 19 individual shareholders.
Khaitan & Co advised Palo Alto Networks, the global cybersecurity leader, on its acquisition of Portkey Inc., a pioneer in AI Gateways — a deal that establishes the AI Gateway as a mission-critical control plane for the enterprise, enabling organizations to accelerate AI innovation with confidence.
