Skip to main content

AZB tops League Table for Legal Advisors to PE deals in H1’24

By

Trilegal and Khaitan & Co. claim the No.2 & No.3 slots


AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to Private Equity Transactions in H1 2024 advising 41 deals worth $5.4 Billion. It was followed by Trilegal ($5.1 Billion across 54 deals) and Khaitan & Co.(4.8 Billion across 46 deals) in the second and third spot respectively. Cyril Amarchand Mangaldas (CAM) ($2.9 Billion across 34 deals) and Talwar Thakore & Associates ($2.4 Billion across 9 deals) completed the top five.



Among the larger Private Equity deals during H1’2024, Khaitan & Co., Talwar Thakore & Associates, S&R Associates,and Trilegal advised the $2 Billion acquisition of the Indian business of American Tower Corporation by Brookfield which was the largest PE-VC investment in 2024. AZB advised the $900 Million acquisition of Altimetrik by TPG Capital and the $840 Million acquisition of Healthium Medtech by KKR. Resolut Partners, Khaitan & Co., and Gunderson Dettmer advised the $665 Million funding of  Zepto by Nexus Venture Partners, Lightspeed Ventures and others.

The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms.



Among foreign firms, Gunderson Dettmer came on top having advised 2 deals worth $714 Million. Sidley Austin followed next having advised 2 deals worth $275 Million. They were followed by Latham & Watkins with  1 deal worth $173 Million.

The full league table can be viewed online at https://www.ventureintelligence.com/leagues.php

By Deal Volume

India Juris topped the tables with 106 deals. Followed by  Peritum Partners  with 78 deals. Burgeon Law took the third spot advising 66 deals. Goyel & Goyal (63 deals) and Indus law (57 deals) completed top five.

Among foreign firms, Sidley Austin, Goodwin Procter and Gunderson Dettmer topped the table with 2 deals each. They were followed by Latham & Watkins, Clifford Chance, Freshfields Bruckhaus Deringer, Kirkland & Ellis and Ropes & Gray with 1 deal each.



By Industry

Among PE transactions in the IT & ITeS industry (by value) topped the table this year, with  AZB & Partners ($2.1 Billion) taking the top spot followed by Khaitan & Co.  ($1.2 Billion). SAM ($756 Million) took the third spot. By deal volume within tech industry deals, IndiaJuris (70 deals) topped the table followed by Burgeon Law and Goyel & Goyal took the second spot advising 39 deals each. IndusLaw took the third spot with 35 deals.
    
CAM topped the BFSI industry deals by value having advised deals worth $1.2 Billion. Trilegal took the second spot advising deals worth $1 Billion. They were followed by AZB & Partners which advised BFSI deals worth $658 Million and Anagram Partners which advised deals worth $636 Million. By deal volume within BFSI, Trilegal topped the table (13 deals), followed by Khaitan & Co. (12 deals) and AZB (9 deals).

Under the Healthcare & Life Sciences industry, AZB & Partners topped the table in terms of value by advising deals worth $1.4 Billion followed by CAM advising  deals worth $297 Million. SAM took the third spot by advising deals worth $290 Million. By deal volume Trilegal, India Juris,and IndusLaw (5 deals) took the top spot, followed by Goyel & Goyal, Peritum Partners,Khaitan & Co. and Jerome Merchant + Partners (4 deals) and AZB, LexStart Partners and SAM (3 deals) completed the top three.

Under the Real Estate sector, Trilegal and DSK legal topped the table advising deals worth $403 Million each followed by SAM which advised deals worth $328 Million. Ashurst & Wadia Ghandy took the third spot by advising deal worth  $265 Million. By deal volume, Trilegal (3 deals ) took the top spot followed by SAM, DSK Legal and Khaitan & Co. (2 deals each).

The full league table can be viewed online at https://www.ventureintelligence.com/leagues.php

To showcase your firms' transactions in the 2024 League Tables, mail Vanathi at
deals@ventureintelligence.com.

About Venture Intelligence

Venture Intelligence is India's longest-serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital, and M&A) & their Valuations in India.
Labels:

Popular posts from this blog

EY Tops League Table for Transaction Advisors to M&A deals in 24

By
Moelis & Company & PwC claim the No.2 & No.3 slots Ernst & Young  (EY) topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals   during 2024, advising 34 deals worth $4.1 Billion. Moelis & Company stood second advising 2 deals worth $3.9 billion. PwC followed with 18 deals worth $3.3 billion. Citi ($2.5 billion across 1 deal) and Advay Capital ($2.3 billion across 1 deal) completed the top five. Among the largest M&A deals in 2024, Citi  advised $2.5 Billion acquisition of the Indian business of American Tower Corporation by Brookfield , Advay Capital and Moelis & Company advised the $2.3 Billion acquisition of Care Hospitals by Aster DM Healthcare . Jefferies & Co., JP Morgan and Moelis & Company advised the $1.6 Billion acquisition of Bharat Serums & Vaccines by Mankind Pharma.  Among the other notable M&A deals in Q4 2024, EY advised the $685 million acquisition of ITD Cementation ...
Read more

Morgan Stanley tops League Table for Transaction Advisors to M&A deals in 2020

By
Morgan Stanley , which advised the $10.1 Billion strategic investment by Facebook and Google into Reliance Industries' telecom arm Jio platforms (among other Private Equity investments in the company), topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals for 2020. Ambit Corporate Finance - which advised 3 deals worth $4.0 Billion, including Brookfield's $3.7 Billion acquisition of Reliance Tower Infrastructure Trust -  took the second spot. JM Financial ($3.7 Billion across 5 deals), Metta Capital ($3.4 Billion across 3 deals) and ICICI Securities ($3.4 Billion across 2 deals) - all of whom (along with Citi) are advisors to the $3.4 Billion acquisition of Future Group's retail related ventures by Reliance Retail, announced in August - completed the top five. The  Venture Intelligence League Tables , the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A tra...
Read more

Everything you wanted to know (and some things you didn't care to know) about ChrysCapital's Ashish Dhawan

By
New Delhi-based private equity fund ChrysCapital is vastly different from its former avatar, Chrysalis Capital. While Chrysalis began life (in Mumbai) as an venture capital firm focussed on start-up investments, today's ChrysCapital is best know for its late-stage investments (often in already public companies). The fascinating part of this transformation is that one of the fund's original partners - Senior Managing Director Ashish Dhawan - has been firmly in the driver's seat throughout the process. It's a story that needed to be told. As a cover story. Kudos to Business Today for telling it first. Thankfully, unlike the glowing profiles that BT is famous for - including the one featuring infamous stock brocker Harshad Mehta with his Lexus on the cover - this one has a lot of facts. Some well known. And others less so. That ChrysCapital's first fund would have been a disaster but for the pioneering investment in Raman Roy founded BPO firm Spectramind i...
Read more

APEX VC Awards: Chiratae Ventures, Blume Ventures, Elevation Capital, Stride Ventures & Alteria Capital judged best funds of 2021

By
Press Release Elevation Capital , Chiratae Ventures , Blume Ventures , Stride Ventures and Alteria Capital were voted the top Venture Capital investors in India during 2021. The Venture Intelligence “Awards for Private Equity Excellence” (APEX) is dedicated to celebrating the best that the Indian Private Equity & Venture Capital industry has to offer. "VCs exist because Entrepreneurs exist and disrupt the ecosystem by creating new businesses. We are very excited to be part of the secular trend of tech disruption that would power India’s journey towards $ 10 Trillion economy over the next decade," said  T C Meenakshi Sundaram, Founder & Vice Chairman, Chiratae Ventures , winner of " VC Fund raise of the Year " award.  " We wish to thank all our entrepreneurs who have chosen to take funding from Chiratae Ventures and investors who have backed us with funds over the past 15 years in this journey.  Congratulations to the entire Chiratae Ventures team and ...
Read more

VC Interview: Shailendra Singh of Sequoia Capital India

By
In a recent interview to Venture Intelligence, Shailendra Singh discussed some of the firm’s newer investments in the early stage segment including in the online payments space, the progress at a few existing portfolio companies and the active role the firm is playing in helping its portfolio companies scale and succeed in India and globally. Prior to joining the firm in 2006, Singh was a strategy consultant at Bain & Company in New York and before that, an entrepreneur in the digital media industry. Venture Intelligence: How does Sequoia go about identifying potential early stage investments in India? Is there anything different you are doing today than, say, a couple of years back? Shailendra Singh: There is a lot more focus on technology investing and early stage investing. In general, as you might remember a few years ago, we were doing primarily growth investing but in the past 18-odd months, we have had a very strong focus on early stage and that’s continuing. In terms...
Read more