Venture Intelligence, which tracks private equity transactions “involving India-based companies” has published its ranking for the first quarter of 2015.
The table is compiled from “transactions submitted by the advisory firms and filtered using Venture Intelligence definitions”.
Should we run Venture Intelligence private equity league tables more regularly? Please let us know in the comments.
| Rank | Company Name | # of Deals | Amount $m | Notable deals |
|---|---|---|---|---|
| 1 | AZB & Partners | 8 | 389.40 | Manipal Health Enterprises – TPG Capital |
| 2 | J Sagar Associates | 3 | 348.50 | Nirlon - GIC Medanta Medicity – Temasek |
| 3 | BMR Legal | 8 | 225.33 | Faasos – Lighbox; Sequoia Capital India |
| 4 | Amarchand & Mangaldas | 2 | 216.90 | SVB India Finance – Temasek |
| 5 | Indus Law | 14 | 148.40 | FirstCry – Saif; NEA; IDG Ventures; Valiant Capital; Vertex |
| 6 | S&R Associates | 1 | 113.50 | NA |
| 7 | Samvad Partners | 8 | 77.80 | Parksons Packaging – Kedaara |
| 8 | ARA Law | 7 | 73.15 | NA |
| 9 | Khaitan & Co. | 4 | 52.25 | Lenskart.com – IDG Ventures India; TPG Growth; TR Capital |
| 10 | Agram Legal | 2 | 31.00 | Mahindra First Choice – Valiant Capital |
| 11 | Trilegal | 5 | 26.00 | Nobel Hygiene – CLSA Capital |
| 12 | Patanjali Associates | 1 | 4.10 | NA |
| 13 | DSK Legal | 1 | 4.00 | Casa Grande – Avenue Venture Real Estate Fund |
| 14 | Rajani, Singhania & Partners | 1 | 3.65 | NA |
Source: Venture Intelligence
Comments
Baba Ramdev has a law firm, too?! :O
They are one of the majors in pe
They are one of the majors in pe[/quote]
I agree that K Law should have been here. Infact, they have been on the table constantly. But, I wouldn't agree that they are majors in PE. They do PE, but they are known for their expertise in vc transactions, with top funds regularly briefing them.
May be they have not reported deals, like many other firms.
Good to see BMR Legal and IndusLaw. They have captured most of the mid-size deal's market but have been shadowed by the big-6 in terms of publicity. These are the firms to watch for.
Kian, you should feature VI's M&A rankings also.
And to be honest, the VI M&A table doesn't seem to make that much sense.
How did Khaitan get a $1.2bn of deals in VI (but not in mergermarket?). How did Amarchand get $700m in VI, but around $5bn in MM?
Seems like only a few firms actively submit to VI for M&A / PE purposes (in part because no one covered it very regularly), so the numbers are a bit skewed right now. Mergermarket, which we've covered for 6 years now, seems to have wider participation...
[img]http://snag.gy/a8sxP.jpg[/img]
vs
http://www.legallyindia.com/Corporate-/-MA/q1-2015-m-a-league-table-sees-massive-uptick-in-work-as-pre-split-amarchand-grabs-top-spot-with-azb
http://www.ventureintelligence.com/leagues.php
To be honest, methodology and scope of the table seems a bit fishy... What do you reckon?
[img]http://snag.gy/Woxgq.jpg[/img]