Deal Street

January 21, 2016

Brady Plc. advised by Luthra & Luthra in its global acquisition of Energycredit


luthra-luthra

Luthra & Luthra Law Offices recently advised and assisted Brady in the acquisition of Energycredit's Indian subsidiary Energycredit Software Services Private Limited ("Energycredit India"). Energycredit India was acquired by Brady by way of an indirect acquisition. The Firm assisted Brady in conducting a due diligence on Energycredit India and is assisting Brady with the post closing related activities for the India leg.

The acquisition is considered to be significant for Brady as it will enable Brady to be a 'one-stop-shop' for complete energy and commodity trading software requirements. This acquisition would enable Brady to combine its knowledge and expertise in commodity risk management and Energycredit's platform, expertise and relationships in the credit space and allow Brady to provide solutions for complete risk management.

The core transaction team comprised Samir Dudhoria (Partner), with Anshul Jain (Partner) and his team assisting in relation to various corporate compliance aspects.

Related Post

latest News

  • US Senate approves “First Step Act”

    On December 18, the “First Step Act of 2018” was overwhelmingly approved the US Senate by 87-12 votes.

    Read More
  • Google under antitrust scrutiny over new internet protocol

    Congressional antitrust investigators are scrutinizing plans by Google to use a new internet protocol because of concerns that it could give the compa...

    Read More
  • Amendments proposed to Title IX of Education Amendments of 1972: US

    On November 16, United States Secretary of Education Betsy DeVos proposed amendments to Title IX of the Education Amendments of 1972, which is a compr...

    Read More
shares