Shardul Amarchand Mangaldas & Advises Inventurus Knowledge Solutions On Its Acquisition Of Aquity Solutions Inc.

Shardul Amarchand Mangaldas & Co. advised Inventurus Knowledge Solutions on its offshore financing to acquire Aquity Solutions Inc. including issuance of guarantee to JP Morgan Chase Bank, N.A., Sumitomo Mitsui Banking Corporation and Citibank N.A. (“Lenders”) through a reverse merger process. The financing of the deal was closed on 15 November 2023. The transaction was valued at USD 200 million.

The deal also included the creation of a special purpose vehicle based in the US for acquiring and merging with the Aquity Solutions Inc.

The transaction team was led by Veena Sivaramakrishnan, Partner; Zubin Mehta, Partner; Mohit Bhatia, Partner; and Gaurav Karwa, Associate.

The Corporate law/ Capital markets team was led by Nikhil Naredi, Partner; Harsh Loonker, Senior Associate; and Shruthi Hariharan, Associate.