JSA represented Coforge in its acquisition of 100% stake of TMLabs for an initial approximate consideration of ~INR 110 crores subject to adjustments and completion of closing conditions. An additional earnout amount will be payable to the sellers based on the achievement/performance of certain revenue and EBITDA targets. The team assisted Coforge on all aspects of the transaction, including structuring, negotiating, and finalising the definitive documents.
TMLabs provides implementation services related to the ‘ServiceNow’ platform.
Our transaction team comprised of: Lead Partner: Anand Lakra, Partner – Kanishka Bajpai, Principal Associate – Ami Shah, Senior Associate – Jinay Shah, and Associate – Rishabh Sharma.
Anand Lakra is an equity Partner at JSA’s Mumbai office, with a leading practice in private and public mergers and acquisitions, private equity, venture capital, and capital markets, with particular focus on securities law matters.