JSA advised Australian Securities Exchange-listed software group Altium on the India leg of the sale of its global “TASKING” business to Scandinavian PE investor FSN Capital.

JSA advised Australian Securities Exchange-listed software group Altium on the India leg of the sale of its global “TASKING” business to Scandinavian PE investor FSN Capital. TASKING develops and operates software design technology processors in the field of security and assistance systems. The transaction involved a global carve-out of the TASKING business across jurisdictions, including India.

The JSA Team was led by Shafaq Uraizee Sapre (Partner), Adhiraj Gupta (Senior Associate), and Priyanka Murali (Associate). Kumarmangalam Vijay (Partner) assisted on tax aspects.