simelabs

LegaLogic Advises Sinergia Media Labs Private Limited (popularly referred to as Simelabs) with respect to its acquisition by Astek International, a global player in technology and consulting and the acquisition of Simelabs is a strategic acquisition done with an intention of setting foot in the Indian market

Simelabs is a Kochi-based Company involved in providing IT services and digital products. 

https://www.globenewswire.com/news-release/2024/02/06/2823978/0/en/Astek-establishes-strategic-presence-in-India-and-strengthens-its-position-in-US-market-with-the-Acquisition-of-Simelabs.html 

LegaLogic advised on negotiation, finalization of deal documentation and assistance on closure.

Derrick Sebastian, CEO of Simelabs, commenteAt Simelabs, we are immensely grateful for the exceptional assistance provided by LegaLogic during our acquisition by Astek. Their expertise and dedication were integral to the successful completion of the transaction. LegaLogic played a crucial role in drafting and negotiating the share purchase agreement, ensuring that our interests were protected and the agreement was executed efficiently. Their attention to detail, strategic guidance, and prompt responses were evident throughout the process. Thanks to LegaLogic’s support, Simelabs seamlessly transitioned into the Astek family, poised for new opportunities and growth. We highly recommend LegaLogic to any organization seeking top-notch legal counsel and representation.” 

 Vikas Agarwal, Apurv Sardeshmukh, and Ruchi Sinha worked on the deal. Kunal Dodeja, Vaishnavi Bhat, Devashree Kulkarni and Fatema Lunawadawala worked on the due diligence.

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