Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 06-06-2016 | Practice Area: | Corporate and M&A |
| Deal Title: | Pollen Street Capital Sale of Target Group | Industry: | Software & Computer Services |
| Description: |
Slaughter and May acted for funds advised by Pollen Street Capital on the sale of Target Group to a wholly-owned subsidiary of Tech Mahindra Limited for an enterprise value of GBP112 million. Target Group is a leading provider of business process outsourcing and software solutions for over 50 major financial institutions across the globe, including clients such as Goldman Sachs, Morgan Stanley, Credit Suisse, Barclays and Shawbrook Bank. Headquartered in India, Tech Mahindra Limited is listed on the Bombay Stock Exchange and offers IT services, outsourcing and consultancy across 90 countries.
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Vendor | Law Firm | Slaughter and May |
| Target Company Jurisdiction: | United Kingdom | Acquiror Jurisdiction: | India |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | David Johnson |
