Link Legal advised RIB Group in acquisition of a Dubai company
RIB International has acquired the remaining 40 per cent stake in Dubai headquartered Levtech Consulting Group
Indian law firm Link Legal has advised and assisted RIB International in the acquisition and increase its stake in the Dubai headquartered Levtech Consulting Group.
RIB International has upped its stake in the UAE-based company operating from offices in UAE, Singapore, Qatar, Saudi Arabia, US, Japan and India, from the existing 60 per cent to 100 per cent.
RIB International and MTWO are group companies of RIB Software SE, a Germany-based global leader of digital transformation for building and construction industries.
Levtech Consulting Group develops, maintains and supports the delivery of their cloud industry solutions for the international real estate industry and construction industry as well as asset management software for CAPEX owners based on Microsoft Dynamics Technology.
Link Legal, led by its corporate partner Ketan Mukhija, principal associate Amit Bhatnotra and associate Rupendra Gautam, assisted RIB International from the preliminary stage until the closing of the transfer. The scope of work involved assisting and advising on the definitive agreements, conducting legal due diligence of Levtech Consulting Services India Private Limited, highlighting the risks and advising on effective solutions to mitigate such risks in the transaction, and providing general advisory and assistance throughout the transaction.