Trilegal advised Velotio Technologies Private Limited and its existing shareholders in the acquisition of Velotio Technologies’ entire equity share capital by R Systems International Limited (a listed Blackstone portfolio company), for an upfront consideration of ~INR 2,788 million.
Velotio Technologies is a leading product engineering and digital solutions company based in Pune, India.
The Trilegal team advising on the matter was led by Partner Gautam Singh, and comprised attorneys Kushal Ramotre (Counsel), Preeti Kumari (Senior Associate) and Stephen Thomas (Associate). The acquisition is subject to customary closing conditions.
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.
Trilegal has been recognised as the India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; one of the ‘Best Overall Law Firms’ at the India Business Law Journal Indian Law Firm Awards 2022; ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year” by VCCircle Awards 2020 one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020; and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020.
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