JSA advised and assisted Symphony Technology Group (“STG”) in relation to the India related aspects of its acquisition of eProductivity Software (“EPS”) from Electronics for Imaging (“EFI”).

STG is a leading private equity firm specialising in partnering with market leading companies in data, software, and analytics.

With more than 4,000 mid-market and enterprise customers globally, across all key verticals within packaging and print, EPS is a leading global provider of Enterprise Resource Planning (“ERP”) and business and production software technology for the packaging and print industries. STG’s Khaitan & Co. Advises in sale of equity shares of Vectus Industries Limited Khaitan & Co. advised Vectus Industries Limited and its promoters in relation to the sale of equity shares of Vectus Industries Limited by the promoters to Wavin BV (an Orbia group company), and the acquisition of 100% of the equity share capital of two Indian subsidiaries of Wavin BV by Vectus Industries Limited, resulting in a post transaction aggregate of ~67% of the share capital of Vectus Industries Limited being held by Wavin BV, on a fully diluted basis. The scope of work included a due diligence, negotiation and finalisation of share purchase agreements, a shareholders’ agreement, employment agreements for the managing directors and other ancillary documents relating to the transaction. The core team consisted of Bharat Anand, Partner and Tanima Tandon, Senior Associate. The core team was assisted by Suchita Vyas, Associate and Suhaas Arora, Associate on due diligence, Suchita Vyas, Associate and Jubin Jay, Associate on the transaction documentation, Pranjal Prateek, Partner and Nilav Banerjee, Associate on competition law aspects and Abhinav Rastogi, Counsel on employment law aspects. backing is proposed to accelerate EPS’ growth as a standalone company through organic and inorganic initiatives to deepen and broaden the company’s capabilities and further enhance its market leading position in the industries it serves.

JSA team was involved in the due diligence, transaction structuring, documentation, closing and post-closing related aspects for the India leg of the transaction.

JSA team comprised of Vivek K Chandy, Joint Managing Partner; Shafaq Sapre, Partner; Aishwarya Gupta Associate; Savio Tom, Associate; Sandesh Atyam, Junior Associate; Suma V R Paralegal. Minu Dwivedi, Partner advised on employment law aspects