AZB | Jotup

KKR to Acquire Healthium from Apax Funds

Retrieved on:

Lunedì, Maggio 6, 2024

KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Healthium Medtech Ltd. (“Healthium”), a leading Indian medical devices company, from an affiliate of Funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm.

Key Points:

KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Healthium Medtech Ltd. (“Healthium”), a leading Indian medical devices company, from an affiliate of Funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm.
The acquisition will be made by a special purpose vehicle owned by KKR-managed funds which will acquire a controlling interest in Healthium group, including Healthium.
The Apax Funds acquired Healthium in 2018 and transformed the company from a domestic suture player into a global medical devices leader.
Apax Partners and Healthium were advised by Jefferies LLC as financial advisor and Kirkland & Ellis LLP as legal counsel.

Reliance and Disney Announce Strategic Joint Venture to Bring Together the Most Compelling and Engaging Entertainment Brands in India

Retrieved on:

Mercoledì, Febbraio 28, 2024

Post completion of the above steps, the JV will be controlled by RIL and owned 16.34% by RIL, 46.82% by Viacom18 and 36.84% by Disney.

Key Points:

Post completion of the above steps, the JV will be controlled by RIL and owned 16.34% by RIL, 46.82% by Viacom18 and 36.84% by Disney.
Disney may also contribute certain additional media assets to the JV, subject to regulatory and third-party approvals.
The JV will be one of the leading TV and digital streaming platforms for entertainment and sports content in India, bringing together iconic media assets across entertainment (e.g.
Cleary Gottlieb served as lead outside counsel to Disney and Covington & Burling and AZB served as legal counsels to Disney on the transaction.

Brillio Announces Investment by The Orogen Group

Retrieved on:

Martedì, Settembre 5, 2023

Wardwell, Insurance, Fortune 1000, AZB & Partners, Partnership, Kirkland & Ellis, Bain Capital, Partner, Latham & Watkins, Citigroup, AZB, Davis Polk, Artificial intelligence, J.P. Morgan & Co., J. P. Morgan, Sales, Brillio, Orogenic belt

EDISON, N.J., Sept. 5, 2023 /PRNewswire/ -- Brillio, a leading digital transformation services and solutions provider, today announced a significant milestone in its growth journey with the addition of The Orogen Group ("Orogen") as a strategic investor. Financial terms of the private transaction were not disclosed.

Key Points:

EDISON, N.J., Sept. 5, 2023 /PRNewswire/ -- Brillio , a leading digital transformation services and solutions provider, today announced a significant milestone in its growth journey with the addition of The Orogen Group ("Orogen") as a strategic investor.
Founded in 2014, Brillio is the partner of choice for many Fortune 1000 companies and among the fastest-growing digital technology service providers.
"We are thrilled to welcome Orogen to the Brillio family," said Raj Mamodia, Founder and Chief Executive Officer of Brillio.
We are proud to partner with the Orogen team and to continue our collaboration with Brillio.

Brillio Announces Investment by The Orogen Group

Retrieved on:

Martedì, Settembre 5, 2023

EDISON, N.J., Sept. 5, 2023 /PRNewswire/ -- Brillio, a leading digital transformation services and solutions provider, today announced a significant milestone in its growth journey with the addition of The Orogen Group ("Orogen") as a strategic investor. Financial terms of the private transaction were not disclosed.

Key Points:

EDISON, N.J., Sept. 5, 2023 /PRNewswire/ -- Brillio , a leading digital transformation services and solutions provider, today announced a significant milestone in its growth journey with the addition of The Orogen Group ("Orogen") as a strategic investor.
Founded in 2014, Brillio is the partner of choice for many Fortune 1000 companies and among the fastest-growing digital technology service providers.
"We are thrilled to welcome Orogen to the Brillio family," said Raj Mamodia, Founder and Chief Executive Officer of Brillio.
We are proud to partner with the Orogen team and to continue our collaboration with Brillio.

KKR Acquires Majority Stake in Leading Pallet Pooling Platform LEAP India

Retrieved on:

Mercoledì, Agosto 2, 2023

KKR, a leading global investment firm, and LEAP India (‘LEAP’ or the ‘Company’), a leading pallet pooling platform in India, today announced the signing of definitive agreements under which funds managed by KKR will acquire a majority stake in the Company.

Key Points:

KKR, a leading global investment firm, and LEAP India (‘LEAP’ or the ‘Company’), a leading pallet pooling platform in India, today announced the signing of definitive agreements under which funds managed by KKR will acquire a majority stake in the Company.
Ami Momaya, Director, Infrastructure at KKR, said, “We are pleased to invest in LEAP, a standout leader in India’s pallet pooling industry that will play an important role in driving the country’s continued modernization and growth.
Deloitte Touche Tohmatsu and Transaction Square acted as LEAP's advisors and Anagram Partners acted as legal advisor to LEAP.
EY and KPMG acted as KKR’s advisors and AZB & Partners and Simpson Thacher & Bartlett acted as legal advisors to KKR.

TA Announces Strategic Growth Investment in Synokem Pharmaceuticals

Retrieved on:

Mercoledì, Gennaio 18, 2023

Professional Services, Business, Health, Finance, Consulting, Pharmaceutical, Partner, TA Associates, TA, Growth, AZB & Partners, AZB, Fine chemical, Retail

TA Associates (“TA”), a leading global growth private equity firm, today announced that it has completed a strategic growth investment in Synokem Pharmaceuticals Ltd. (“Synokem” or “the Company”).

Key Points:

TA Associates (“TA”), a leading global growth private equity firm, today announced that it has completed a strategic growth investment in Synokem Pharmaceuticals Ltd. (“Synokem” or “the Company”).
Arora, Synokem Pharmaceuticals Ltd. is one of India’s leading contract development and manufacturing organizations (CDMOs), serving customers in the branded generic domestic formulations market.
We believe Synokem can serve as a high-quality producer of pharma products, not just for India but also for international markets.
“We look forward to complementing the organic growth of the Company with TA’s expertise in strategic acquisitions, as well as our broad network and global resources.”
“We believe TA is an ideal partner for Synokem as we enter the next phase of our journey,” said Abhinav Arora, Managing Director of Synokem.

ALLEN CAREER INSTITUTE AND BODHI TREE SYSTEMS ANNOUNCE STRATEGIC PARTNERSHIP

Retrieved on:

Domenica, Maggio 1, 2022

MUMBAI, India, May 1, 2022 /PRNewswire/ -- ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world's most admired and trusted education brand.

Key Points:

$600 million investment by Bodhi Tree will help scale India's biggest and most successful test-prep company; leverage digital technology to dramatically improve learning outcomes for students in India and beyond
MUMBAI, India, May 1, 2022 /PRNewswire/ -- ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world's most admired and trusted education brand.
Bodhi Tree Systems will leverage its founders' shared track record of building iconic consumer businesses to build ALLEN into a world-class digital education business of the future.
Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, is an investor in Bodhi Tree Systems.
Our partnership with Bodhi Tree is an essential ingredient in furthering our mission to significantly increase ALLEN's reach and impact.

ALLEN CAREER INSTITUTE AND BODHI TREE SYSTEMS ANNOUNCE STRATEGIC PARTNERSHIP

Retrieved on:

Domenica, Maggio 1, 2022

MUMBAI, India, May 1, 2022 /PRNewswire/ -- ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world's most admired and trusted education brand.

Key Points:

$600 million investment by Bodhi Tree will help scale India's biggest and most successful test-prep company; leverage digital technology to dramatically improve learning outcomes for students in India and beyond
MUMBAI, India, May 1, 2022 /PRNewswire/ -- ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world's most admired and trusted education brand.
Bodhi Tree Systems will leverage its founders' shared track record of building iconic consumer businesses to build ALLEN into a world-class digital education business of the future.
Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, is an investor in Bodhi Tree Systems.
Our partnership with Bodhi Tree is an essential ingredient in furthering our mission to significantly increase ALLEN's reach and impact.

ALLEN CAREER INSTITUTE AND BODHI TREE SYSTEMS ANNOUNCE STRATEGIC PARTNERSHIP

Retrieved on:

Domenica, Maggio 1, 2022

MUMBAI, India, May 1, 2022 /PRNewswire/ -- ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world's most admired and trusted education brand.

Key Points:

$600 million investment by Bodhi Tree will help scale India's biggest and most successful test-prep company; leverage digital technology to dramatically improve learning outcomes for students in India and beyond
MUMBAI, India, May 1, 2022 /PRNewswire/ -- ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world's most admired and trusted education brand.
Bodhi Tree Systems will leverage its founders' shared track record of building iconic consumer businesses to build ALLEN into a world-class digital education business of the future.
Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, is an investor in Bodhi Tree Systems.
Our partnership with Bodhi Tree is an essential ingredient in furthering our mission to significantly increase ALLEN's reach and impact.

RELIANCE AND VIACOM18 ANNOUNCE PARTNERSHIP WITH BODHI TREE SYSTEMS

Retrieved on:

Mercoledì, Aprile 27, 2022

MUMBAI, India, April 27, 2022 /PRNewswire/ -- Reliance and Viacom18 today announced a strategic partnership with Bodhi Tree Systems, which is a platform of James Murdoch's Lupa Systems and Uday Shankar, to form one of the largest TV and digital streaming companies in India.

Key Points:

Bodhi Tree Systems, a platform of Lupa Systems and Uday Shankar, to invest Rs13,500 crore (~$1.78 billion) in Viacom18
MUMBAI, India, April 27, 2022 /PRNewswire/ -- Reliance and Viacom18 today announced a strategic partnership with Bodhi Tree Systems, which is a platform of James Murdoch's Lupa Systems and Uday Shankar, to form one of the largest TV and digital streaming companies in India.
Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, is an investor in Bodhi Tree Systems.
Upon closing, Viacom18, in close cooperation with Reliance, Bodhi Tree Systems and Paramount Global, will shape a vision, strategy, and execution for its businesses, building on the strong existing foundation.
AZB & Partners was the legal advisor to Bodhi Tree while EY provided diligence services to Bodhi Tree.