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Deal Corner: NDA represents SHI International Corp in its acquisition of Locuz Group

Deal Corner: NDA represents SHI International Corp in its acquisition of Locuz Group

Posted by By at 28 May, at 17 : 02 PM Print


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May 28, 2024
 

NDA REPRESENTS SHI INTERNATIONAL CORP IN ITS ACQUISITION OF LOCUZ GROUP

 

DEAL BRIEF

SHI International Corp. (“SHI”), a leading global provider of innovative technology solutions headquartered in US, entered into definitive agreements to acquire 100% of the Locuz Group, which focusses on cybersecurity and digital transformation services.

OUR ROLE

We at Nishith Desai Associates, acted as deal counsels for SHI and advised on legal and regulatory aspects, including negotiation and finalization of the transaction documents. Holland & Hart acted as the US counsels for SHI.

DEAL TEAM

Huzefa Tavawalla

Vasavi Kaparthi

Ipsita Agarwalla

Sapna Kataria

DILIGENCE TEAM

Maulin Salvi

Darshna Negandhi

Palomita Sharma

Rhythm Vijayvargiya

MEDIA COVERAGE

https://www.shi.com/about/ news/shi-announces- definitive-agreement- to-acquire-locuz-enterprise-solutions

https://www.businesswire.com/ news/aptechnologynews/20240520250663/ en/SHI-International-Corp.-Announces-Definitive- Agreement-to-Acquire-Locuz-Enterprise-Solutions- Limited-an-Indian-Cybersecurity-and-Digital- Transformation-Services-Company

https://www.crn.com/news/ security/2024/shi-to -acquire-india-based -digital-transformation-firm-locuz

https://www.roi-nj.com/ 2024/05/22/tech/shi-acquires -indian-cybersecurity-and- digital-transformation-services-company/


DISCLAIMER

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

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

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About Us

Nishith Desai Associates (NDA) is a research based international law firm with offices in Mumbai, Bangalore, Silicon Valley, Singapore, New Delhi, Munich and New York.

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