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.
Rukshad Davar speaks to The New Indian Express on Draft Consumer Protection Rules
Rukshad Davar, Partner & Head - M&A Practice Group, at Majmudar & Partners, spoke to The New Indian Express on the draft amendments to the Consumer Protection (E-Commerce) rules. According to him, “The draft amendments to the Consumer Protection...