AZB & Partners continued to top the League Table in terms of both value and volume for the first nine months of 2017
For the three months ended September 2017, Shardul Amarchand Mangaldas topped the League Table for M&A transactions advising deals worth $785 M, followed by AZB & Partners ($682 M) and Khaitan & Co. ($668 M).
Deals advised by Shardul Amarchand Mangaldas during the period included General Atlantic's buyout of Karvy Computershare', Mars Inc's acquisition of Tasty Bites and the Carlyle's buyout of GE Capital's stake in its cards processing JV with SBI. AZB & Partners also advised the first two deals as well as the Advent International's investment in Dixcy Textiles.
Khaitan & Co. advised the stake increase of Tokio Marine in its Indian insurance joint venture IFFCO Tokio and the Wilmar International investment in Shree Renuka Sugars.
For the first nine months of 2017, AZB & Partners continued to top the League Table in terms of both value and volume advising 37 qualifying deals worth $15.3 Billion.
The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on value of PE and M&A transactions advised by Transaction and Legal Advisory firms.
In 9 Months ending 2017:
Advisors to the Idea Cellular and Vodafone merger - AZB & Partners, Shardul Amarchand Mangaldas, Vaish Associates, SR Associates and Bharucha & Partners continued to top the League Tables for the year. Foreign firm Slaughter & May also advised the deal.
AZB was followed by Khaitan & Co. in deal volume (27 deals) and Cyril Amarchand Mangaldas (21 deals). HSA Advocates and Shardul Amarchand Mangaldas shared the fourth spot with 18 deals each. J Sagar Associates completed the top five with 16 deals.
The full league table can be viewed online at http://www.ventureintelligence.com/leagues.php
To update your firm's standings in the League Tables for October 2017, reach out to Varatha at research@ventureintelligence.com