JSA advised private equity fund Frontenac on the India leg of its 100% sale of Excellarate, including its Indian subsidiaries, to Encora.

Frontenac is a Chicago-based private equity firm, which focuses on investing in lower middle market buyout transactions. Excellarate is a global technology services and solutions company with over 20 years of domain expertise within health, insurance, financial and enterprise technologies. Encora is a global next-gen product engineering provider.

Core Transaction team involved Rishabh Gupta Partner; Akshath Mithal Associate; and Alisha Chawla Company Secretary.