Tech Mahindra’s $64 Million Acquisition Of Zen3 Infosolutions

Khaitan & Co advised Tech Mahindra Limited in the deal.

Tech Mahindra acquired 100% stake in US-based Zen3 Infosolutions for $64 million (Rs 460 crore) in an all-cash deal.

Tech Mahindra Ltd. develops and markets computer software. The Company markets software for telecommunications equipment manufacturers, telecom service providers, software vendors, and systems integrators.

The Khaitan & Co team was led by Partner Aravind Venugopal (Picture), Mrudul Dadhich (Senior Associate), Luv Mohan Saggi (Associate), Sukhmani Singh (Associate) and Aarthi Sashikumar (Associate).

Involved fees earner: Mrudul Dadhich – Khaitan & Co.; Luv Mohan Saggi – Khaitan & Co.; Aarthi Sashikumar – Khaitan & Co.; Sukhmani Singh – Khaitan & Co.; Aravind Venugopal – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Tech Mahindra;

Author: Michael Patrini