Khaitan & Co advises Softgel Healthcare Pvt Limited on acquisition of a controlling stake in Softgel Healthcare Private Limited by Everstone Capital

DEAL DETAILS

Softgel Healthcare Pvt Limited | Acquisition of a controlling stake by Everstone Capital

NO	HEADINGS	DETAILS
1.	Sector	Pharmaceuticals manufacturing sector
2.	Announcement Date	14-Sep-2022
3.	Completion Date	12-Sep-2022
4.	Name of Client	Softgel Healthcare Pvt Limited
5.	Acquirer Details	Everstone Capital \| Singapore
6.	Target Details	Softgel Healthcare Private Limited \| India
7.	Deal Description	Acquisition of a controlling stake in Softgel Healthcare Private Limited by Everstone Capital, the private equity arm of the Everstone Group. Softgel Healthcare Private Limited is a specialized niche dosage form focused manufacturing player catering to the global nutraceutical, pharmaceutical and OTC segments.
8.	Total Consideration	Confidential
9.	Team Members	The core team consisted of Vivek Sriram (Partner), Varun Narayan (Principal Associate), Atul Narayan (Associate), Vaasavi Sashiraman (Associate) with assistance from the following: Advising the client on data protection and privacy related aspects of the transaction: Supratim Chakraborty (Partner), Sumantra Bose (Principal Associate), Shramana Dwibedi (Associate) Taxation aspects: Vinita Krishnan (Director)
10.	Role of Firm	Advising the client on all aspects of the transaction including structuring, negotiation and finalisation of transaction documents, and closing and post-closing aspects.
11.	Financial Advisors	Veda Corporate Advisors
12.	Other legal advisors if any with names of Lead Lawyers	Cyril Amarchand Mangaldas – Sharada Ramachandra (Partner)