Ropes & Gray Named as Leading International Adviser on PE Deals in India
Ropes & Gray has been ranked as the no. 2 foreign law firm advising on investments in India for the first half of 2019, according to the Venture Intelligence League Table for Legal Advisors to Private Equity Transactions in H1 2019.
Throughout the period, Ropes & Gray advised on deals including:
- Baring Private Equity Asia on its $430m acquisition of a 30% stake in software services company NIIT Tech
- Bain Capital Credit on its $144m investment – via its India Resurgence Fund, a JV with Piramal Enterprises – in New Delhi-based Panacea Biotec
Ropes & Gray has a multi-disciplinary team of 30 lawyers from across its global network with significant experience advising clients on deals in India.
Neill Jakobe, global co-head of private equity at Ropes & Gray, said: “We’ve been steadily growing our presence in India for some time now and are particularly proud of our work in the first half of 2019. Already early in in the third quarter, we have signed and are involved on a number of significant transactions and we are excited about the attractive investment opportunities that our clients have been identifying.”