SNG & Partners Advised Stirrup Communication Consultants And Its Promoters In India's First Control Transaction In ESG Space

SNG & Partners Advised Stirrup Communication Consultants And Its Promoters In India's First Control Transaction In ESG Space

SNG & Partners has advised Stirrup Communication Consultants Private Limited (Stirrup), India’s largest stakeholder communications consultancy company specializing in ESG communications and corporate reporting, along with Stirrup's promoters. This advisory was provided in connection with the acquisition of a strategic stake in Stirrup by Xcelerate Pte. Ltd (Xcelerate).

In this deal, Stirrup welcomed a strategic investment from Xcelerate Pte. Ltd, headquartered in Singapore. Xcelerate, renowned as an integrated governance, risk management compliance, and ESG investing platform, boasts backing from esteemed private equity funds including Federated Hermes, Altair Capital, and Exacta Capital Partners. This acquisition marks a significant milestone as India’s first control transaction in the ESG space.

SNG & Partners played key role in drafting, negotiating and finalizing the investment documents and comprehensively advising the existing promoters and Stirrup on the legal aspects of the transaction.

Amit Aggarwal (Managing Partner (Corporate & Non-Contentious Practice)) acted as engagement partner for the transaction.

The transaction team consisted of Devyani Dhawan (Of-Counsel), Aditya Vikram Dua (Partner) and Aniket Sawant (Principal Associate).

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