DEAL CORNER

June 7, 2024

NDA REPRESENTS EKA SOFTWARE SOLUTIONS AND ITS SHAREHOLDERS IN SALE TO SYMPHONY TECHNOLOGY GROUP

DEAL BRIEF

Symphony Technology Group (‘STG’), a US based private equity firm which is focused on software and software enabled services, undertook an acquisition of EKA Software Solutions (‘EKA’), a global provider of commodity management solutions with presence across Switzerland, Canada, US, UK, Australia, Singapore and India,

EKA has been engaged in the commodities trade and risk management (‘CTRM’) and supply chain solutions, consistently delivering innovation to its customers. The sale was done by acquisition of the parent entity of the EKA group structure domiciled in Singapore.

OUR ROLE

We at Nishith Desai Associates, acted as the lead counsel for EKA and its shareholders and advised EKA and its shareholders on the legal and regulatory aspects, including negotiation and closing of the transaction.

DEAL TEAM

Vaibhav Parikh

Vaibhav Parikh

Ayushi Pandey

Ayushi Pandey

Harman Khorana

Harman Khorana

Parina Muchhala

Parina Muchhala

Anurag Shah

Anurag Shah

Muqeet Drabu

Muqeet Drabu

COMPLIANCE TEAM

Chandrashekar K

Chandrashekar K

Ayushi Pandey

Ayushi Pandey

TAX TEAM

Parul Jain

Parul Jain

Arijit Ghosh

Arijit Ghosh

DUE DILIGENCE TEAM

Yogesh Nayak

Yogesh Nayak

Anirudh Arjun

Anirudh Arjun

DISCLAIMER

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.