ZoomInfo Technologies Inc., a global leader in go-to-market intelligence solutions, conducted two (2) acquisitions: Insent, Inc., including its Indian subsidiary, InsentApp India Private Limited, through a merger process, and RingLead, a leader in data orchestration software. These strategic acquisitions are part of ZoomInfo’s broader plan to enhance its product offerings and expand its real-time customer engagement and data management capabilities. Majmudar & Partners served as the Indian legal counsel for ZoomInfo Technologies Inc., overseeing all Indian legal aspects.
Facilitating the Transaction
Majmudar & Partners played a crucial role as the Indian legal advisors to ZoomInfo in these cross-border transactions, ensuring the deals’ compliance with Indian laws. The firm’s key contributions include:
- Due Diligence: Conducted an in-depth due diligence review of InsentApp India Private Limited to identify potential legal risks, including compliance with local regulations, taxation, and employee contracts.
- Regulatory and Post-Merger Compliance: Navigated through India’s foreign exchange laws, the Companies Act, and various regulatory frameworks to ensure the acquisitions complied with Indian legal requirements. Also ensured that the post-acquisition compliances, including corporate filings and related obligations, were fulfilled to meet Indian legal standards.
- Integration: Structured and advised on the integration of InsentApp India Private Limited into ZoomInfo’s global operations, ensuring a smooth transition and compliance with Indian corporate, labor and tax regulations.
- Contract Drafting and Negotiation: Negotiated and drafted critical transaction documents, including share purchase agreements and employment contracts for Insent’s Indian employees, safeguarding ZoomInfo’s interests.
ZoomInfo Technologies’ acquisition of Insent, Inc. and RingLead mark a significant step in enhancing its customer engagement and data management capabilities. Majmudar & Partners provided essential legal support in navigating the complexities of the Indian regulatory framework, ensuring a smooth and compliant acquisition.
With deep expertise in cross-border M&A transactions, Majmudar & Partners is a trusted partner for global companies looking to expand their operations in India. Contact us today to learn how we can help you navigate complex legal frameworks and ensure successful cross-border transactions.