CJK Group, Inc. announced that it has acquired content services business Cenveo Publisher Services and Cenveo Learning from Cenveo Worldwide Limited, and will be merging them with its own content business Sheridan Journal Services and hosting platform Sheridan PubFactory to form KnowledgeWorks Global Ltd. (KGL).
The details of the deal are as under:
Announcement Date: 08-Sep-2020
Completion Date: 08-Sep-2020
Name of Client: CJK Group, Inc.
Name of Acquirer: KnowledgeWorks Global Ltd. | USA
Deal Description: Advised CJK, Inc. and KnowledgeWorks Global, Ltd. (a subsidiary of CJK, Inc.) in the acquisition of Cenveo Services and Cenveo Learning from Cenveo Worldwide Ltd.
Total Consideration: Confidential
Team Members: The core team consisted of Sharad Moudgal (Partner), Indruj Rai (Partner), Srikanth Mantravadi (Senior Associate) and Aashima Sawhney (Associate) with assistance from Anvita Oswal (Associate) and Srishti Ramkrishnan (Associate) on due diligence of Cenveo India.
Role of Firm: Khaitan & co. advised CJK, Inc. and KnowledgeWorks Global, Ltd. (a subsidiary of CJK, Inc.)
Other legal advisors: Lathrop GPM LLP advised CJK, Inc. and KnowledgeWorks Global Ltd. on US law aspects
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