BPEA EQT to acquire majority stake in Indira IVF

  • Deal
  • July 29, 2023

JSA advised BPEA EQT on its acquisition of a controlling stake in Indira IVF (“Company“) through a combination of acquisition from TA Associates and the company’s founders – Dr Ajay Murdia, Dr Kshitiz Murdia and Dr Nitiz Murdia, who will retain a significant minority stake and continue to lead the Company. The closing of the deal will be subject to receipt of CCI approval.

The Company is the market leader within Assisted Reproductive Technology services in India and completes approximately 40,000 IVF cycles annually, making it the largest player in India and amongst top five players globally.

Our Lead Partners – Vikram Raghani and Anand Lakra.

Our Transaction Team Partner – Niharika Mepani, Senior Associate – Ami Shah, Associate – Jinay Shah, Dhruval Sheth, Diya Dave and Junior Associate – Shreya Shinde.

Our Competition Law Team Partners – Vaibhav Choukse and Ela Bali, Senior Associate – Nripi Jolly

Our Data Privacy team Senior Associate – Saurabh Sinha and Associate – Parvathy Manoj.

Our Litigation team Partner – Shanaya Cyrus Irani, Senior Associate – Siddhesh Pradhan, and Ahsan Allana, Associate – Virgil Braganza.