Knowledge Partners

 Basiz Fund Service    Economic Laws Practice    Avalon Consulting  

 Spark Capital    Technloogy Holdings  

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

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.