Mortgage lender HDFC has acquired over 25 percent stake in Goldman Sachs-backed student housing company, Good Host Spaces, for Rs. 69.5 crore..HDFC is acquiring the shares from Manipal Integrated Services Pvt Ltd.Argus Partners advised HDFC and the team included Managing Partner Krishnava Dutt, Partner Adity Chaudhury, Riya Dutta, Deeya Ray, Ashish Patel and Kshitija Naik..Shardul Amarchand Mangaldas advised Goldman Sachs and Good Host and the team was led by Partners Mithun V. Thanks and Anuj Bhasme along with Principal Associate Anjali Menon, Senior Associates Gaurav Dugar and Nishant Sharma..Partner Ashoo Gupta along with Principal Associate Daryush Marfatia advised on the real estate aspects of the transaction..Tatva Legal Bangalore Partners Manav Nagaraj and Bhargava KS advised Manipal Integrated Services..Good Host operates and manages hostel facilities for educational/training institutions in Jaipur and Udupi. The company reported a turnover of Rs 53.1 crore for 2017-18, reported BusinessLine.
Mortgage lender HDFC has acquired over 25 percent stake in Goldman Sachs-backed student housing company, Good Host Spaces, for Rs. 69.5 crore..HDFC is acquiring the shares from Manipal Integrated Services Pvt Ltd.Argus Partners advised HDFC and the team included Managing Partner Krishnava Dutt, Partner Adity Chaudhury, Riya Dutta, Deeya Ray, Ashish Patel and Kshitija Naik..Shardul Amarchand Mangaldas advised Goldman Sachs and Good Host and the team was led by Partners Mithun V. Thanks and Anuj Bhasme along with Principal Associate Anjali Menon, Senior Associates Gaurav Dugar and Nishant Sharma..Partner Ashoo Gupta along with Principal Associate Daryush Marfatia advised on the real estate aspects of the transaction..Tatva Legal Bangalore Partners Manav Nagaraj and Bhargava KS advised Manipal Integrated Services..Good Host operates and manages hostel facilities for educational/training institutions in Jaipur and Udupi. The company reported a turnover of Rs 53.1 crore for 2017-18, reported BusinessLine.
