DEAL DETAILS
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Softgel Healthcare Pvt Limited | Acquisition of a controlling stake by Everstone Capital |
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NO |
HEADINGS |
DETAILS |
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1.
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Sector |
Pharmaceuticals manufacturing sector |
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2.
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Announcement Date |
14-Sep-2022 |
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3.
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Completion Date |
12-Sep-2022 |
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4.
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Name of Client |
Softgel Healthcare Pvt Limited |
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5.
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Acquirer Details |
Everstone Capital | Singapore |
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6.
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Target Details |
Softgel Healthcare Private Limited | India |
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7.
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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. |
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8.
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Total Consideration |
Confidential |
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9.
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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: |
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10.
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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. |
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11.
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Financial Advisors |
Veda Corporate Advisors |
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12.
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Other legal advisors if any with names of Lead Lawyers |
Cyril Amarchand Mangaldas – Sharada Ramachandra (Partner) |