Khaitan & Co advised True North on the deal.
Homegrown private equity firm True North has signed a definitive agreement with Bengaluru-based Anthem Biosciences Pvt Ltd to acquire a minority stake in the company.
True North (formerly known as India Value Fund Advisors – IVFA) was established in 1999 with a focus on investing in and transforming mid-sized profitable businesses into world-class industry leaders.
The Khaitan & Co. team comprised of Partner Niren Patel (Picture), Saswat Subasit (Principal Associate), Yashashree Mahajan (Principal Associate) and Ruturaj Jere (Associate), Employment due diligence aspects: Anshul Prakash (Partner), Abhimanyu Pal (Senior Associate) and Kruthi Murthy (Associate), Intellectual property due diligence aspects: Adheesh Nargolkar (Partner), Sourav Dan (Senior Associate) and Jayesh Varavadekar (Senior Associate), Corporate and other due diligence aspects: Associates Abhilasha Vyas, Ayesha Bhattacharya, Jasleen Dua, Noyonika Nair, Ravali Rayaprolu and Stephanie Nazareth
Involved fees earner: Ayesha Bhattacharya – Khaitan & Co.; Sourav Dan – Khaitan & Co.; Jasleen Dua – Khaitan & Co.; Ruturaj Jere – Khaitan & Co.; Yashashree Mahajan – Khaitan & Co.; Kruthi Murthy – Khaitan & Co.; Noyonika Nair – Khaitan & Co.; Adheesh Nargolkar – Khaitan & Co.; Stephanie Nazareth – Khaitan & Co.; Abhimanyu Pal – Khaitan & Co.; Niren Patel – Khaitan & Co.; Anshul Prakash – Khaitan & Co.; Ravali Rayaprolu – Khaitan & Co.; Saswat Subasit – Khaitan & Co.; Jayesh Varavadekar – Khaitan & Co.; Abhilasha Vyas – Khaitan & Co.;
Law Firms: Khaitan & Co.;
Clients: True North;