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February 11, 2015

Khaitan & Co. Tops League Table for Legal Advisors to M&A Transactions in 2014

AZB & Partners, J Sagar Associates follow at Nos. 2 & 3 respectively

Khaitan & Co. topped the Venture Intelligence League Tables for Most Active Legal Advisor to M&A transactions for 2014 with 114 points (across 34 qualifying deals) followed by AZB & Partners with 112 points (across 30 deals) while J Sagar Associates came in next with 106 points (29 deals).
The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on volume of Private Equity and M&A transactions (combined with credits based on fulfilment of criteria) advised by Transaction and Legal Advisory firms.
Khaitan & Co. advised M&A deals during the year included Meiji acquisition of Medreich for $290 million and the $74 million acquisition of Transpole Logistics by SBS Holdings. AZB & Partners advised M&A deals during the year included the $2.43 Billion acquisition acquisition of ING Vysya Bank by Kotak Mahindra Bank and the $984 million acquisition of Lanco Infratech by Adani Power. J Sagar Associates advised M&A deals in 2014 included the $470 million acquisition of Reliance Mediaworks by Prime Focus and the $336 million acquisition of Positive Packaging Industries by Huhtamaki.
Other legal advisors who had advised a significant number of M&A deals during the year included Amarchand & Mangaldas (76 points, 21 deals), Trilegal (52 points, 13 deals) and ALMT Legal (46 points, 12 deals).
Amarchand & Mangaldas topped the table in terms of value of the deals advised. Amarchand & Mangaldas advised deals during the year included the $4 billion acquisition of Ranbaxy by Sun Pharma. Amarchand was followed by AZB & Partners and Luthra & Luthra in terms of deal advised by value.
Khaitan & Co. topped both Inbound and Domestic deals table with 18 deals and 16 deals respectively. While AZB & Partners came in second in Inbound deals with 17 qualifying deals, and J Sagar Associates came in second in Domestic deals with 12 deals. Nishith Desai Associates led the Outbound M&A deals advising three deals.
New Entrants to the Venture Intelligence M&A table for Legal Advisors during 2014 include NovoJuris, Agram Legal and iCounsel.
The full league table 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.