Bertram Capital (“Bertram”), a prominent US-based private equity firm, successfully acquired Perennials and Sutherland, LLC (P&S), a leading luxury performance textile and furniture brand. Majmudar & Partners provided critical legal advice in navigating Indian law aspects of the transaction, ensuring seamless compliance for the acquisition.

Facilitating the Transaction:

Majmudar & Partners’ contributions to the deal were as follows:

• Cross-Border Regulatory Analysis: Evaluated the Indian legal framework for any potential regulatory implications due to P&S’ operations in India, ensuring adherence to India’s foreign investment laws.
• Due Diligence Support: Conducted due diligence specific to P&S’ Indian subsidiary, assessing financial records, employment contracts, intellectual property rights, and regulatory filings for compliance.
• Tax Structuring: Provided guidance on the tax implications of the acquisition for both Indian and international operations, ensuring the structure was optimized and compliant with Indian tax laws.
• Transaction Documentation: Reviewed and customized transactional documents to align with Indian laws, mitigating risks associated with jurisdictional compliance for P&S’ Indian subsidiary.
• Post-Acquisition Compliance: Advised on strategies for aligning P&S’ Indian subsidiary’s operations with Bertram’s corporate governance standards post-acquisition.

This deal reinforced Bertram’s portfolio of high-end consumer brands. Majmudar & Partners’ meticulous legal guidance ensured a smooth integration of Indian operations into Bertram Capital’s global structure, adding significant value to the client’s strategic expansion.

Majmudar & Partners excels in guiding private equity firms through complex cross-border transactions. Contact us to learn how our expertise can simplify your investments and acquisitions in India.