Vaish, Wadia Ghandy sell Rs 5 cr Brainworks to Tree House pre-schools network

Thursday, 27 June 2013 By Legally India Corporate M&A

Vaish Associates advised pre-school network Brainworks Learning Systems and its investor Kusumbala Investments in selling out for Rs 5 crore ($824,810) to pre-school network Tree House Education & Accessories. Tree House was advised by Wadia Ghandy.

Vaish Associates Mumbai corporate and banking partner Sandhya Iyer with senior associate Yatin Narang and associate Ishita Roy acted for Brainworks which, according to Business Standard, has 13 self-operated and 51 franchisee centres all over India.

Wadia Ghandy Ahmedabad partner Tanvish Bhatt with senior associate Shreya Desai acted for Tree House which will now have 450 centres across India, reported the paper.

Vaish AssociatesWadia Ghandy

Comments

blinkie 27 Jun 2013, 13:34
+1 -0
Wonder what magic law firm india offices will do when they open and see deal sizes here are less that their fees in other jurisdictions. India is overrated? Most billie-deals (bill usd) tend to have a v limited Indian angle as u will notice.
Preposterous... 27 Jun 2013, 17:36
+1 -0
I agree with blinkie... There are hundreds of flats being sold and resold in Mumbai each day worth more than Rs. 5 crore... This deal has no legal or monetary significance... If it does, I can send you ten such better deals from my firm alone... I know for a fact that Wadia Ghandy is currently doing many better deals than this minor one...

Who decides which deals need reporting?
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