JSA advised Avendus Future Leaders Fund II (Avendus) and certain other investors in relation to their acquisition of a part of the promoter’s stake (i.e., Sagility B.V., an affiliate of EQT Private Capital Asia) in Sagility India Limited (Sagility India).
The initial public offering (IPO) of Sagility India was recently opened, and the above stake sale of the promoter to the investors (which included Avendus, Adani Properties Private Limited, Elpro International Limited etc.) was undertaken ahead of the opening of Sagility India’s IPO.
Sagility India is engaged in providing technology enabled healthcare solutions and services to payers (U.S. health insurance companies) as well as providers (hospitals, physicians, and diagnostic and medical devices companies), encompassing their operational and administrative functions, clinical services and revenue cycle management services.
Our transaction team comprises Lead Partner – Sidharrth Shankar, Partner – Prakriti Jaiswal, Senior Associate – Rishika Agarwal, and Associate – Mahi Jaiswal.
Prakriti specialises in mergers & cross border investments & acquisitions and private equity transactions. Her experience includes rendering advisory and structuring services on a variety of transactions including acquisitions of shares & business, private equity investments, joint ventures and corporate advisory.