Buchanan Technologies, a leading IT services and consulting company, completed its acquisition of Cybernoor Corporation, including the business operations of Cybernoor India Private Limited. This acquisition marked Buchanan Technologies’ first significant move into the Indian market. Majmudar & Partners, acting as the legal advisors for Buchanan Technologies, played a pivotal role in the successful completion of this cross-border transaction.
Facilitating the Transaction
Majmudar & Partners’ representation encompassed several critical legal tasks to ensure a smooth transition of Cybernoor India’s operations to Buchanan. The firm provided key services such as:
- Due Diligence: Conducted a thorough review of Cybernoor India’s legal records, ensuring compliance with Indian regulations.
- Regulatory Compliance: Advised on Indian laws governing foreign acquisitions and navigated complex local regulations.
- Negotiation and Structuring: Structured the acquisition agreement, ensuring that all legal obligations were complied with to protect Buchanan’s strategic interests in India.
Buchanan Technologies’ acquisition of Cybernoor Corporation, including its Indian operations, represents a strategic move to strengthen its global IT services offerings, particularly in Oracle solutions. Majmudar & Partners’ role in navigating the legal complexities of this cross-border deal ensured its seamless execution, further cementing the firm’s reputation as a leader in strategic M&A advisory. The firm’s expertise in cross-border M&A allowed Buchanan to effectively navigate the complexities of entering the Indian market through a high-value acquisition.
With extensive experience in managing cross-border acquisitions and a proven track record in complex M&A deals, Majmudar & Partners is the trusted partner for global businesses expanding in India. Contact us today to learn how we can guide your company through successful mergers and acquisitions, ensuring smooth legal compliance and strategic success.