AZB, ALMT, Indus top 2010 private equity deal rankings, ahead of DSK, Tatva

Private equity pie
Private equity pie
AZB & Partners was the busiest private equity legal advisor of 2010 ahead of ALMT Legal and Indus Law tied in second place followed by DSK Legal and Tatva Legal. Amarchand Mangaldas and Trilegal came in fourth and fifth places respectively, according to a volume-based league table by data provider Venture Intelligence.

A total of nineteen law firms were included in Venture Intelligence’s compilations based on the number of transactions in the private equity space completed in the 2010 calendar year.

AZB was also the frontrunner in terms of total deal values, where Amarchand Mangaldas, J Sagar Associates (JSA), Lexygen, Luthra & Luthra and Trilegal also featured.

AZB completed 43 transactions worth $2.3bn; Amarchand had a role on thirteen private equity deals totalling $1.3bn while JSA acted on 11 deals valued at $597m.

By volume other top notch private equity firms included ALMT and Indus Law for 19 deals each and DSK and Tatva clocked in 15 transactions, increasing its tally from four recorded deals in the third quarter of 2010.

AZB’s top private equity deals were SBI-Macquarie’s investment into Viom Networks, Temasek’s stake in National Stock Exchange and NSR, KKR, StanChart PE investment in Coffee Day Resorts.

Significant transactions by Indus Law included Sequoia Capital’s buying a stake in Fashion & You, Headland Capital in Microqual Techno and –Ashmore and Alchemy in Siesta Logistics. DSK Legal’s highlighted private equity deals were India Ventures in C&C Constructions and the mammoth Coffee Day Resorts buy.

Amarchand’s also acted on Viom Networks, Olympus Capital’s stake buy in Tata Ultra Mega and the Actis investment in IDFC.

Click here for the 2010 Q3 private equity deals rankings.

Most Active Legal Advisors (Private Equity) – CY 10 (updated for Dec 31)
Rank
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^ One Fully Qualified Deal (as per Venture Intelligence definitions) = 2 Points

Source: Venture Intelligence

Comments

Anonymous guest 1 Feb 2011, 20:20
+1 -0
Dear Kian,

Why are law firms like Desai & Diwanji not listed in the above table.

- Curious
Anonymous guest 1 Feb 2011, 20:35
+1 -1
Curious - these rankings were compiled by Venture Intelligence based on information provided by the respective firms. there are several firms who are not listed above. perhaps they did not chose to participate in the rankings and hence did not provide the requisite data to VI.
Anonymous guest 1 Feb 2011, 20:36
+1 -0
This is based on the data submitted by participating firms, which is filtered and points are given based on some qualitative and qantitavie parameters....!Desai Diwanji may have been simply too busy completing those deals not submitting the details!
Anonymous guest 1 Feb 2011, 21:06
+1 -1
All this couldn't have been possible for AZB without the painstaking efforts taken by Mr. [...] in formatting client agreements.

I bow in reverence to you.

[Please don't go on private vendettas against fellow students/graduates with sarcastic comments... -Ed]
Anonymous guest 1 Feb 2011, 21:07
+1 -1
How much do law firms charge for a private equity transaction (including target dd)? Is it a certain percentage of the amount being invested?
Anonymous guest 2 Feb 2011, 01:24
+0 -0
Well done Tatva!
Anonymous guest 3 Feb 2011, 04:53
+0 -0
what about wadia ghandy?
Anonymous guest 3 Feb 2011, 17:29
+0 -0
@7 - same answer as 3
Anonymous guest 12 Feb 2011, 07:19
+0 -0
This list is a joke. AZB is okk but putting firms like ALMT at No. 2 position is disrespectful to Sir Cyril Shroffjee and other hardworking associates at amarchandu mangaldas. Kian, as usual your data is from some paid source. This table is like saying nigeria is a bette cricket team than New Zealand.

hope to see better more meaningful articles on leg india
Anonymous guest 17 Feb 2011, 18:35
+0 -0
@9 - why so much bias against almt? are you aware of every single deal they transact?
Anonymous guest 20 Feb 2011, 03:19
+0 -0
Actually I am aware of all the deals ALMT does cos my juniors work there.

And if anyone can say that ALMT does more pvt equity than AMSS with a clear conscience, may Lord our God turn me into a frog's uncle.

Seriously Kian - how can you say that almt, tatva, dsk legal etc. are better off than amarchand?? most of thee firm manage one pvt equity deal a year, barely
Anonymous guest 4 Mar 2011, 18:24
+0 -0
@11 - seems like you know what every law firm seems to be doing! and read the comments above..these league tables are based on the deals submitted by the law firms