Deal Closed | Quadria Capital Investment Advisors Pvt Ltd | Investment in Encube Ethicals Private Limited
The details of the deal are as follows:
Sector: Pharmaceuticals, Biotechnology and Life Sciences
Name of Client: Quadria Capital Investment Advisors Pvt Ltd
Investor Details: Frontier Investment Holdings Pte Ltd | Singapore
Seller and Target Details: Multiples Private Equity Fund | India | Seller | Not Represented by Khaitan & Co
Deal Description: Advised Quadria Capital Management Pte Ltd in relation to its investment in Encube Ethicals Private Limited, by way of subscription to equity shares and purchase of equity shares from the promoters of Encube Ethicals Private Limited, exiting private equity investors: Multiples Private Equity Fund II Limited and Plenty Private Equity Fund I Limited, for an acquisition of a stake of 15%, for a total consideration of USD 119 million.
Total Consideration: USD 119 million
Team Members: Bharat Anand (Partner), Mayank Singh (Partner), Kairavi Shah (Senior Associate), Vishal Achanta (Senior Associate) and Deeksha Agarwalla (Associate)
Role of Firm: Khaitan & Co represented the Purchaser
Other legal advisors if any with names of Lead Lawyers
Wadia Ghandy, Desai & Diwanji
