Deal Corner
November 27, 2023
NDA represents Everstone Capital in its exit from Servion Global Solutions Private Limited

DEAL BRIEF

Everstone Capital (“Everstone”) and the other shareholders sold their 100% (one hundred percent) shareholding in Servion Global Solutions Private Limited (“Servion”) to EMK Capital, a UK based private equity fund. Everstone invested in Servion through Evertech Holdings Pte. Ltd. in the year 2014.

Servion offers comprehensive digital-enabled omnichannel solutions with expertise in designing and integrating complex APIs within the CX ecosystem.

OUR ROLE

We at Nishith Desai Associates, conducted due diligence on Servion and thereafter, acted as the legal advisors to Everstone (largest selling shareholder) for its exit from Servion.

DEAL TEAM

Basava Rao

Yogesh Nayak

Sapna Kataria

Palomita Sharma

Ankit Porwal

DUE DILIGENCE TEAM

Sach Chabria

Faiza Khanum

PRESS COVERAGE

https://www.avcj.com/avcj/news/3030165/everstone-exits-indias-servion-global-solutions-to-emk-capital

 


Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.


Deal Corner

November 27, 2023

NDA represents Everstone Capital in its exit from Servion Global Solutions Private Limited

DEAL BRIEF

Everstone Capital (“Everstone”) and the other shareholders sold their 100% (one hundred percent) shareholding in Servion Global Solutions Private Limited (“Servion”) to EMK Capital, a UK based private equity fund. Everstone invested in Servion through Evertech Holdings Pte. Ltd. in the year 2014.

Servion offers comprehensive digital-enabled omnichannel solutions with expertise in designing and integrating complex APIs within the CX ecosystem.

OUR ROLE

We at Nishith Desai Associates, conducted due diligence on Servion and thereafter, acted as the legal advisors to Everstone (largest selling shareholder) for its exit from Servion.

DEAL TEAM

Basava Rao

Yogesh Nayak

Sapna Kataria

Palomita Sharma

Ankit Porwal

DUE DILIGENCE TEAM

Sach Chabria

Faiza Khanum

PRESS COVERAGE

https://www.avcj.com/avcj/news/3030165/everstone-exits-indias-servion-global-solutions-to-emk-capital

 


Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.