J. Sagar Associates advised Italian auto-component manufacturer Streparava Holding s.p.a. (Streparava) which held 49% stake in its Joint Venture with Sansera Engineering Private Limited (Sansera) and also a minority stake of 3.24% in Sansera.

In the first phase of the transaction, JSA advised Streparava in its exit from Sansera, pursuant to Citigroup Venture Capital International’s (CVCI) acquisition of a substantial stake in Sansera for an aggregate consideration of Rs. 3400 million. In the second phase of the transaction, JSA advised Streparava in its acquisition of the entire shareholding of Sansera in the Joint Venture company.

The JSA team comprised of Partner Sidharrth Shankar and Senior Associate Sumit Sinha, and Associate Shantanu Jindel.