DEAL DETAILS
Softgel Healthcare Pvt Limited | Acquisition of a controlling stake by Everstone Capital |
NO |
HEADINGS |
DETAILS |
1.
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Sector |
Pharmaceuticals manufacturing sector |
2.
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Announcement Date |
14-Sep-2022 |
3.
|
Completion Date |
12-Sep-2022 |
4.
|
Name of Client |
Softgel Healthcare Pvt Limited |
5.
|
Acquirer Details |
Everstone Capital | Singapore |
6.
|
Target Details |
Softgel Healthcare Private Limited | India |
7.
|
Deal Description |
Acquisition of a controlling stake in Softgel Healthcare Private Limited by Everstone Capital, the private equity arm of the Everstone Group. Softgel Healthcare Private Limited is a specialized niche dosage form focused manufacturing player catering to the global nutraceutical, pharmaceutical and OTC segments. |
8.
|
Total Consideration |
Confidential |
9.
|
Team Members |
The core team consisted of Vivek Sriram (Partner), Varun Narayan (Principal Associate), Atul Narayan (Associate), Vaasavi Sashiraman (Associate) with assistance from the following: |
10.
|
Role of Firm |
Advising the client on all aspects of the transaction including structuring, negotiation and finalisation of transaction documents, and closing and post-closing aspects. |
11.
|
Financial Advisors |
Veda Corporate Advisors |
12.
|
Other legal advisors if any with names of Lead Lawyers |
Cyril Amarchand Mangaldas – Sharada Ramachandra (Partner) |