J. Sagar Associates (JSA) advised CDK Global, Inc (“CDK”) on the India leg of the sale of its International business segment (“CDK”), to Francisco Partners. CDK is a leading provider of automotive retail software solutions in EMEA and Asia and Francisco Partners is a leading global investment firm that specializes in partnering with technology businesses.
The deal value of the transaction is $1.45 Billion.
JSA team comprised Lead Partner and Joint Managing Partner – Vivek K Chandy, Partner – Rishabh Gupta, and Associates – Sanjna Vijh. Partner – Shareen Gupta and Consultant -Ruchita Modi assisted on tax aspects.