LegaLogic advises Accscient in acquisition of Vyom Group
ACCSCIENT, LLC headquartered in Dallas, Texas, USA, will expand ACCSCIENT’s global presence to over 3,000 technical resources in addition to expanding its reach into the markets of Asia, Europe, the Middle East, and Australia.
Vyom Group was founded in 2003 by Prasad Patwa and Uday Birajdar. Since inception, Vyom became a leading service provider for BMC software, ServiceNow, Salesforce, Microsoft, Snowflake, Mendix and other industry leading platforms. With over 1,500+ team members, Vyom Group has established itself as an innovative and client-focused provider of digital transformation services to a global client base.
LegaLogic (www.LegaLogic.co.in) was the sole legal counsel of Accscient and advised on structuring the deal, negotiation and finalisation of the term sheet, due diligence, negotiation and finalisation of deal documentation and closing.
Commenting on LegaLogic’s role, Sravan Vellanki, ACCSCIENT Chairman said ““ACCSCIENT is very acquisitive and comes with an enormous experience in acquisitions. We are extremely delighted with the professionalism demonstrated by the team at LegaLogic in the acquisition of Vyom Group by ACCSCIENT. Team LegaLogic were patient throughout the process of our prolonged timelines of diligence and negotiation. The partners at LegaLogic have been trustworthy and advised us on all aspects of structure, local cultural differences and diligence issues that are very specific to a cross border transaction. We look forward to working with them on our subsequent transaction”.
Siddhesh Iyer, Kunal Dodeja, Prakhar Sharma, Riya Jain, Tanvi Garaty, Devashree Kulkarni, Akhil Charan worked on this deal with Vikas Agarwal and Vivek Sadhale.