The details of the deal are as under:
Sector: Information Technology (IT) | Information Technology Enabled Services (ITES))
Announcement Date 24-May-2021
Name of Client: Euromoney Institutional Investor Plc
Name and Description of Acquirer: Euromoney Institutional Investor PLC | United Kingdom
Deal Description: Global acquisition of Relationship Science ("RelSci") including its Indian subsidiary – Relationship Science India Private Limited by Euromoney Institutional Investor PLC
RelSci is a global relationship-mapping data provider serving financial, professional services and not-for-profit organisations
Total Consideration: USD 7.4 million
Team Members: The core team consisted of Rajat Mukherjee (Partner), Sarthak Sarin (Partner), Kevin Peter (Principal Associate), Sanjana Mathur (Senior Associate) and Tushar Bakshi (Associate) with assistance from the following:
Tax aspects: Ritu Shaktawat (Partner) and Sneh Shah (Principal Associate)
Employment Law aspects: Abhinav Rastogi (Counsel)
Role of Firm: Advised and assisted Euromoney Institutional Investor PLC on the India leg of the global acquisition of Relationship Science ("RelSci") including acquisition of the Indian subsidiary – Relationship Science India Private, by a group company of Euromoney Institutional Investor PLC
Other legal advisors: Perkins Coie LLP, represented by Justin Gonzales (Partner) Jasna Hasanbasic (Associate), and Thomas Vogt (Associate) acted for the acquirer Euromoney Institutional Investor PLC
Kluk Farber Law, represented by Eitan Hoenig (Partner) acted for the seller - Relationship Science LLC