Khaitan advises Firstsource on Vertex deal

Khaitan & Co advised Firstsource Solutions Limited in relation to transfer of “a portion” of its domestic BPO business to Vertex Customer Management India Private Limited on a slump sale basis.

The core transaction team included Ashish Razdan (Partner), Tarunya Krishnan (Principal Associate) and Kumar Kartikeya Prakash (Senior Associate) with assistance from Ritu Shaktawat (Associate Partner) on the Tax aspects and Aditya Patni (Principal Associate), Sanchit Agarwal (Senior Associate), Pavi Jain (Senior Associate) and Praneetha Vasan (Associate) provided the closing assistance.