Trilegal Represented Velotio Technologies in Acquisition by R Systems International
Trilegal advised and represented Velotio Technologies Private Limited and its existing shareholders in the acquisition
By : Legal Era
Update: 2023-06-12 10:45 GMT
Trilegal Represented Velotio Technologies in Acquisition by R Systems International
Trilegal advised and represented Velotio Technologies Private Limited and its existing shareholders in the acquisition transaction of Velotio Technologies’ entire equity share capital by R Systems International Limited (a listed Blackstone portfolio company), for an upfront consideration of Rs. 2,788 million.
Velotio Technologies is a leading product engineering and digital solutions company based in Pune, India.
The Trilegal team advising on the matter was led by Partner Gautam Singh, and comprised attorneys Kushal Ramotre (Counsel), Preeti Kumari (Senior Associate) and Stephen Thomas (Associate).
The acquisition is subject to customary closing conditions.