JSA assisted India Resurgence Fund (IndiaRF) in the acquisition of a majority stake in Ivy Health and Life Sciences Private Limited (“Ivy Health”) for INR 525 crore.
IndiaRF is a leading India-focused investment fund, backed by Piramal Enterprises Limited and Bain Capital Credit.
Ivy Health operates a chain of NABH certified multi-speciality hospitals in several cities of Punjab namely at Mohali, Amritsar, Khanna, Hoshiarpur and Nawanshahr.
The deal marks IndiaRF’s maiden investment in the healthcare sector and the first of its kind in a regional hospital chain.
Our Transaction Team Comprised Lead Partner – Sidharrth Shankar, Partner – Prakriti Jaiswal, Principal Associate – Dhruv Malhotra and Senior Associate – Shivek Sharma.
Our Due Diligence Team Comprised Partner – Shraddha Krishnan Dash, Principal Associate – Arjun Krishnamoorthy, Associate – Abhilash Raghav, Jatin Oberoi, Jeevesh Jain and Kartikey Gupta.
Our Real Estate Team Comprised Partner – Bharat Bhushan Sharma and Senior Associate – Mohit Aggarwal.
Our Competition Law Team Comprised Partner – Vaibhav Choukse and Ela Bali and Associate – Faiz Siddiqui.
Our Banking and Finance Team Comprised Partner – Megha Saraf and Associate – Harshil Shubham.
Bharat specializes in Real Estate and Corporate Advisory related matters. He has extensive experience in Real Estate related transactions including conducting of legal due diligence, drafting of lease deeds, leave and license agreements, joint development agreements and sale deeds.
Ela is a partner with JSA’s competition law practice with 10 years of experience. She represents and advises clients across different sectors on enforcement and merger control matters before the Competition Commission of India (CCI), National Company Law Appellate Tribunal (NCLAT), Delhi and Bombay High Court, and the Supreme Court of India (SC).
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.
Sidharrth specializes in General Corporate Commercial, Mergers & Acquisitions and Private Equity. He has been representing multi-national companies in cross-border transactions, advising on foreign direct investments, outbound investments, joint ventures, technology transfers, retail & franchising and commercial contract issues.
Vaibhav is a Partner with Firm’s Competition Law Practice with over 15 years’ experience.