The details of the deal are as follows:
Practice Area: Private Equity
Sector(s): Wholesale Trading and Single Brand Retail Trading
Start Date of Matter: 26th January 2021
Date of Announcement: N/A
Completion Date: 17th March 2021
Name of the Client: TPG Growth V SF Markets Pte Ltd. (“TPG Growth”)
Target: Brainbees Solutions Private Limited (“FirstCry”)
Deal Description: Secondary acquisition by TPG Growth of a minority stake in FirstCry.
Role of the Firm: Veritas Legal acted for and advised TPG Growth in relation to the secondary acquisition of a minority stake in FirstCry.
Total Consideration: CONFIDENTIAL
Concerned Partner: Nandish Vyas
Concerned Senior Associate: Natasha Sethna
Concerned Associate(s): Anish Patel and Pankti Lapasia:
Other related Legal Advisors and Whom they are Advising: IndusLaw advised FirstCry