Deal Closed | Veritas Legal | Svas Med Private Limited.

The details of the deal are as follows:

Practice Area: Private Equity 

Sector: Healthcare  

Date of signing/approval:  22nd January 2021 

Public Announcement: 25th January 2021 

Completion Date: Closing Pending 

Clients: Nova Medical Centers Private Limited  

Target: Svas Med Private Limited  

Deal Description: Acquisition of up to 100% stake in Svas Med Private Limited in tranches by Nova Medical Centers Private Limited by way of share purchase from the Promoters of Svas Med Private Limited.  

Role of the Firm: Veritas Legal acted for and advised Nova Medical Centers Private Limited. Conducting due diligence on Svas Med Private Limited. Drafting and negotiating transaction documents.  

Total Consideration: Confidential

Concerned Partner & Associates: 

  • Nandish Vyas - Partner 
  • Tushar Raut - Partner  
  • Somrita Chatterji - Senior Associate 
  • Aditya Thakore - Associate  

Other Related Legal Advisers

Lex Chambers acted for Svas Med Private Limited 

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