ThinkLaw advises Astreya on India leg of Cognizant acquisition

• ThinkLaw advised Astreya on the India leg of its acquisition by Cognizant.
• The transaction combines Cognizant's global delivery model with Astreya's expertise in managing complex technology environments.
• Indian law firms like ThinkLaw are increasingly playing key roles in high-profile acquisitions, advising clients on complex transactions and regulatory matters.

ThinkLaw provided comprehensive legal support to Astreya, including reviewing definitive agreements from an Indian law perspective and assisting with closing and post-closing activities related to the transaction.

ThinkLaw, a leading Indian law firm, played a crucial role in advising Astreya on the India leg of its acquisition by Cognizant. The acquisition combines Cognizant's global delivery model and AI builder approach with Astreya's expertise in managing complex technology environments for top tech companies. ThinkLaw provided comprehensive legal support to Astreya, including reviewing definitive agreements from an Indian law perspective and assisting with closing and post-closing activities related to the transaction.

The transaction was led by Ankita Kashyap, Partner at ThinkLaw, who worked closely with a team of senior associates, including Siddhant Bhargava, Kaushik Krishnan, and Siddhant Tewari. The team's expertise in Indian law and regulatory matters was instrumental in ensuring the smooth execution of the India leg of the acquisition.

The acquisition is a significant development in the IT managed services sector in India, with Cognizant expanding its presence in the country through this deal. Indian law firms like ThinkLaw are increasingly playing key roles in high-profile acquisitions, advising clients on complex transactions and regulatory matters. The transaction highlights the importance of having local expertise in navigating the intricacies of Indian law and regulations.

The acquisition also underscores the growing trend of global companies seeking to expand their presence in India through strategic partnerships and acquisitions. ThinkLaw's involvement in this deal demonstrates its ability to provide comprehensive legal support to clients on complex transactions, including review of definitive agreements and assistance with closing and post-closing activities.

The acquisition has significant implications for the IT managed services sector in India, with Cognizant's global delivery model and AI builder approach combining with Astreya's expertise to create a powerful partnership. ThinkLaw's role in advising Astreya on this deal highlights the importance of having local law firms involved in high-profile acquisitions.

For lawyers advising clients on IT managed services transactions, this deal serves as a reminder of the key role Indian law firms like ThinkLaw are playing in these deals. By leveraging relationships with local law firms, advisors can provide their clients with comprehensive support and guidance on complex transactions, ultimately supporting client growth and success.

Lawyers advising clients on IT managed services transactions should be aware of the key role Indian law firms like ThinkLaw are playing in high-profile acquisitions, and consider how their own firm can leverage these relationships to support client growth.

Source: Original reporting via Bar & Bench