AZB & Partners retained its status – for the fifth consecutive year - as the Most Active Legal Advisor for Private Equity transactions during 2014. According to the Venture Intelligence League Tables, AZB finished the year with 176 points (across 44 qualifying deals). IndusLaw and Impact Law Ventures vaulted to the second and third spot with 164 points (across 41 deals) and 132 points (33 deals) each.
The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on volume of PE and M&A transactions (combined with credits based on fulfilment of criteria) advised by Transaction and Legal Advisory firms.
AZB advised deals during the period included Warburg Pincus’ acquisition of minority stake in Kalyan Jewelers for $200 million; General Atlantics’ $100 million investment in Citius IT Solutions and the $210 million investment by Softbank Corp. and other investors in Olacabs. Transactions advised by IndusLaw included Snapdeal.com’s attracting $637 million investment from SoftBank Corp. and other investors while Impact Law Ventures advised Knowlarity Communications in its fund raising of $15 million from Mayfield and Sequoia Capital India.
AZB & Partners also topped the tables in terms of deals advised by value. Trilegal (which advised BlackRock in SoftBank and other investors deal in Snapdeal) came in second while IndusLaw finished third in terms of deals advised by value.
The year also saw a lot of new entrants like Impact Law Ventures and Agram Legal entered the Venture Intelligence Most Active Legal Advisors for Private Equity league table.
The full league tables can be viewed online at http://ventureintelligence.in/leagues.php
Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.