LegaLogic Consulting advised Niyuj and the founders in share sale transaction with Ness
We are pleased to announce that LegaLogic Consulting advised Niyuj and the founders (https://www.niyuj.com/) in share sale transaction with Ness ( www.ness.com).
https://www.ness.com/ness-strengthens-product-engineering-expertise-with-the-acquisition-of-niyuj/
Niyuj (www.niyuj.com) is a leading provider of software product engineering services specializing in digital infrastructure management including cutting edge software products in Networking, Security, Storage, and Cloud Solutions.
Ness (www.ness.com) is a full lifecycle digital engineering firm offering digital advisory through scaled engineering services. Combining our core competence in engineering with the latest in digital strategy and technology, we seamlessly manage Digital Transformation journeys from strategy through execution to help businesses thrive in the digital economy.
LegaLogic (www.LegaLogic.co.in) was the strategic advisor and legal counsel for Niyuj. LegaLogic played a key strategic role in advising the founders and the Company on the entire deal including structuring, negotiation and finalisation of deal documentation, assistance on due diligence and closing of the transaction.
Commenting on LegaLogic’s engagement, Avinash Shenoi, Founder, Niyuj, mentioned, “It was great to have a trusted partner like LegaLogic right through the process from initial meetings, getting a term sheet and Letter of Intent, as well as through the Due Diligence, documentation and final closure. They worked with our accountants, and a big four accounting firm for Due Diligence, single handed managed the entire deal from start to finish, including managing items strictly not within the scope.
A large part of the credit for closing the deal in 7 weeks flat goes to the way they executed, always available, no matter what time of the day / night, and executing different tasks in parallel. They represented us like we were their own. A Big thank you to the entire LegaLogic team.”
