Khaitan & Co advised The Blackstone Group on a control transaction involving acquisition of Allcargo Group’s warehousing business.
Private equity (PE) giant Blackstone Group invested INR 380 crore (approx. US$ 53.8 million) to buy a majority stake in the warehousing business of Mumbai-based Allcargo Logistics Ltd for developing logistics parks in key consumption hubs across India.
The Blackstone Group L.P. is an American multinational private equity, alternative asset management and financial services firm headquartered in New York City, with over USD 450 billion of assets under management.
The Khaitan & Co team included Partner Aakash Choubey (Picture), Deepak Jodhani (Partner), Pavi Jain (Principal Associate), Abir Sarkar (Senior Associate), Rhea Jha (Associate) and Rahul Chandramouli (Associate). Real estate: Harsh Parikh (Partner), Sudheer Madamaiah (Partner), Rashmi Deshpande (Partner), Pavithra Thammaiah (Counsel), Abhiraj Gandhi (Principal Associate), Rishabh Mukund Vora (Senior Associate) and Karan Hitesh Dattani (Associate). Intellectual property: Shailendra Bhandare (Partner), Sourav Dan (Senior Associate) and Rhea Ghanshani (Associate).
Involved fees earner: Shailendra Bhandare – Khaitan & Co.; Rahul Chandramouli – Khaitan & Co.; Aakash Choubey – Khaitan & Co.; Sourav Dan – Khaitan & Co.; Rashmi Deshpande – Khaitan & Co.; Abhiraj Gandhi – Khaitan & Co.; Rhea Ghanshani – Khaitan & Co.; Karan Hitesh Dattani – Khaitan & Co.; Pavi Jain – Khaitan & Co.; Rhea Jha – Khaitan & Co.; Deepak Jodhani – Khaitan & Co.; Sudheer Madamaiah – Khaitan & Co.; Rishabh Mukund Vora – Khaitan & Co.; Harsh Parikh – Khaitan & Co.; Abir Sarkar – Khaitan & Co.; Pavithra Thammaiah – Khaitan & Co.;
Law Firms: Khaitan & Co.;
Clients: Blackstone Group L.P.;