Goswami & Nigam LLP | View firm profile
The successful completion of an asset purchase agreement valued at USD 33 million marks a pivotal moment for Alpha Numero Technology Solutions, Inc and ANTS Global Systems Private Limited as it strategically expands into a new field. This asset sale represents a significant step in the company’s ongoing efforts to diversify its portfolio and establish a stronger presence in emerging markets.
A transaction of this scale and complexity required the expertise of seasoned legal professionals to navigate the intricate legal landscape. Our team of lawyers at Goswami & Nigam, LLP played an instrumental role in every phase of the acquisition, ensuring a seamless and legally compliant transaction. From the initial structuring of the deal to final execution, the law firm provided comprehensive legal counsel that safeguarded the interests of the company.
Our work entailed from conducting extensive legal due diligence. The team meticulously reviewed all aspects of the transaction, including contracts, intellectual property rights, regulatory obligations, and potential liabilities. This thorough assessment helped identify and mitigate risks, ensuring that company and its shareholders proceeded with full legal clarity and confidence.
Our team of lawyers led by team comprising of our Partner, Mr. Himanshu Goswami (https://www.linkedin.com/in/hg2008/) and associate Ms. Prableen Kaur (http://www.linkedin.com/in/prableen-kaur-c) were pivotal in negotiating the asset purchase agreement, ensuring that the terms were structured to provide maximum legal protection and commercial benefit. The team skilfully navigated complex contractual provisions, addressed indemnities, warranties, and representations, and structured the transaction to comply with industry-specific regulations.
In addition to contract negotiations, our team managed all regulatory and compliance aspects of the acquisition. They liaised with regulatory authorities, secured necessary approvals, and ensured adherence to all applicable laws. Their proactive approach streamlined the approval process, preventing delays that could have hindered the transaction’s completion.
The firm’s expertise was also instrumental in facilitating a smooth transition of assets, including operational licenses, and business contracts. Furthermore, our team provided strategic legal advisory services throughout the integration phase, addressing post-acquisition legal considerations such as employment transitions, compliance realignments, and potential dispute resolution mechanisms.
Himanshu Goswami (Partner) and Prableen Kaur (Associate).