Deal Highlights:

• The deal involves strategic sale of 3i Infotech Limited’s software product division via slump sale to a newly formed company named ‘Azentio Software’, wholly owned by PE funds advised by Apax partners
• The proceeds from the transaction will be used for repayment of all current debt and scaling up the existing IT Services business of 3i Infotech

Our Contribution:

• We led the deal end-to-end  identifying the potential investors, assisting in transaction structuring, negotiations, due-diligence and legal documentation
• Advised the Company, Board of Directors and other Stakeholders to arrive at the most optimum transaction structure. Also, we assisted the Company in obtaining the requisite statutory and internal approvals

About 3i Infotech Limited:

• 3i Infotech is a Global Technology Company listed on Indian Stock Exchanges. It provides IP based software solutions and a wide range of IT services across BFSI, manufacturing, telecom and other verticals. They cater to 1,200+ customers across APAC, South Asia, Middle East & Africa, Kingdom of Saudi Arabia, Western Europe and North America