Khaitan & Co advised IndiaVenture Trust Fund-I, IndiaVenture Trust Fund-II and TVS Shriram Growth Fund IA on their full exit from Medplus Health Services Private Limited, by way of secondary sale to the promoter, Madhukar Gangadi. IndiaVenture Trust Fund I and IndiaVenture Trust Fund-II are entities belonging to the Piramal group. Siddharth Shah (Partner), Namrata Mehta (Principal Associate), Kapish Mandhyan (Senior Associate) and Nidhi Modani (Associate) represented the clients on the transaction.
Cravath Swaine & Moore is to lose one of its biggest M&A rainmakers to Kirkland & Ellis’ New York office.
Eric Schiele, who has been a partner at Cravath for over a decade, has been a lead partner on some of the firm’s largest M&A deals.