LegaLogic Consulting advises Infinite Uptime in acquisition of Covacsis Technologies

LegaLogic Consulting advised Infinite Uptime, with respect to the acquisition of Covacsis Technologies.

Infinite Uptime has its focus areas in Artificial Intelligence driven advanced analytics and real-time industrial diagnostics, helping plant leaders with maintenance and operations of teams across the world to accurately predict defects and avoid machine failure every single time.

Covacsis is an entity engaged in providing solutions to manufacturing industries in the space of industrial IOT, industry 4.0, smart manufacturing, and digital manufacturing.

LegaLogic (https://legalogic.com/) was the sole legal counsel for Infinite Uptime and advised on due diligence and drafting, negotiation and finalisation of deal documentation of the transaction.

Commenting on LegaLogic’s role, Dr. Raunak Bhinge, Founder and CEO, Infinite Uptime, said,  

“LegaLogic played a crucial role in ensuring the best outcome for Infinite Uptime and achieving the core objectives of the mandate. Due Diligence conducted was meticulous and exhaustive ensuring a strong and compliant outcome for both Infinite Uptime as well as Covacsis.”

Vaibhavi Vaidya and Jay Shah along with Vikas Agarwal represented Infinite Uptime and worked on deal documentation and closing. Kunal Dodeja led the due diligence with Hardick Joseph, Gautami Kulkarni, Priyanka Trivedi and Raj Vardhan.