Cyril Amarchand Mangaldas and AZB & Partners claim the No.2 & No.3 slots Shardul Amarchand Mangaldas (SAM) topped the Venture Intelligence League Table for Legal Advisor to M&A Transactions by value during 2023. SAM advised 54 M&A deals worth $12.3 Billion, followed by Cyril Amarchand Mangaldas (CAM) with $12.27 Billion across 81 deals and AZB & Partners ($10.9 Billion across 63 deals). Trilegal ($9.3 Billion across 63 deals) took the fourth spot with Khaitan & Co. ($6.6 Billion across 97 deals) completing the top five Among the largest M&A deals during 2023, Trilegal, JSA, AZB, SAM and Milbank advised the $2 Billion investment in Manipal Hospitals by Temasek (which gained majority control). Saraf Partners advised the $1.2 Billion divestment of Viatris’ India twin business to Insud Pharma and IQuest Enterprise . AZB, Wadia Ghandy, J Sagar Associates (JSA) and SAM advised the $1.1 Billion buyout of HDFC Credila by consortium of private equity firms,
Shardul Amarchand Mangaldas and Trilegal claim the No.2 & No.3 slots AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to Private Equity Transactions in 2023 advising 85 deals worth $15.8 Billion. AZB was followed by Shardul Amarchand Mangaldas (SAM) ($15.2 Billion across 115 deals) and Trilegal ($11.4 Billion across 76 deals) in the second and third spots respectively. Cyril Amarchand Mangaldas (CAM) ($9.9 Billion across 91 deals) took the fourth spot and Khaitan & Co. ($8.5 Billion across 97 deals) completed the top five. Among the larger Private Equity deals during 2023, AZB, Trilegal, J Sagar Associates (JSA) , SAM and Milbank advised $2 Billion investment in Manipal Hospitals by Temasek (which gained majority control) . AZB, SAM, Gunderson Dettmer and Khaitan & Co. advised Tiger Global and Accel India’s $ 1.78 Billion exit from Flipkart . Trilegal, Khaitan & Co., SAM and Wadia Ghandy advised Brookfield India Re