TELEO Capital Management LLC’s acquisition of CHCS Services Inc.

JSA advised an affiliate of TELEO Capital Management LLC (“TELEO”) on the Indian law aspects of its acquisition of CHCS Services, Inc. (“CHCS”), an erstwhile wholly owned subsidiary of Capgemini.  The transaction resulted in an indirect acquisition of CHCS’ operations and branch office in India. Employees and assets were also transferred to CHCS’ branch office from Capgemini’s Indian subsidiaries. JSA team was involved in the due diligence, transaction structuring, and documentation in relation to the India leg of the transaction.

TELEO is a private equity firm focused on software & technology, healthcare IT, business services and industrial sectors. CHCS is a leader in elder care services, and Capgemini is a global leader in consulting, technology, and outsourcing services.

JSA team comprised Joint Managing Partner – Vivek Chandy, Partner – Rishabh Gupta, Senior Associate – Aditi Aggarwal.

Employment Advice: Partner – Minu Dwivedi

Taxation Team: Partner – Kumarmanglam Vijay and Shareen Gupta, and Senior Consultant – Ruchita Modi.