Centre Lane Partners, LLC, a private investment firm that invests in the equity and debt of middle-market companies in North America has completed its acquisition of Synacor, Inc. (Nasdaq: SYNC, now delisted) and its affiliates, including Zimbra Technology India Private Limited, through a tender offer and subsequent reverse merger. The transaction values Synacor, Inc. at US$92 million. This deal marks the first acquisition for Centre Lane in India. Synacor, Inc. is a leading provider of cloud-based collaboration and identity management software. Majmudar & Partners advised on the Indian law aspects of this deal. The team was led by Partner and Head of the M&A Practice, Rukshad Davar.
Akil Hirani awarded Legal Advisor of the Year by Asia Pacific Business
Akil Hirani, Managing Partner and Head of Transactions, has won the award of Legal Advisor of the Year by Asia Pacific Business at their Asia Pacific Business Awards 2023-2024. Congratulations, Akil.