6 Feb 2021 6:00 AM GMT 
JSA advised Australian Securities Exchange-listed software group Altium on the India leg of the sale of its global "TASKING" business to Scandinavian PE investor FSN Capital
J. Sagar Associates advised Australian Securities Exchange listed software group Altium on the India leg of the sale of its global "TASKING" business to Scandinavian PE investor FSN Capital.
TASKING develops and operates software design technology processors in the field of security and assistance systems. The transaction involved a global carve-out of the TASKING business across jurisdictions, including India.
The JSA Team was led by Partner - Shafaq Uraizee Sapre, Senior Associate - Adhiraj Guptaand Associate - Priyanka Murali.
Kumarmangalam Vijay (Partner) assisted on tax aspects.
The JSA team collaborated with a host of global advisors - Altium was advised by Reed Smith offices in Germany, United States and Shanghai; Atsumi & Sakai in Japan; RBS in Russia; and Stek in the Netherlands.
FSN Capital was represented by Latham & Watkins.
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