HR Payroll Software Deal: JSA advises Apax on majority stake acquisition in greytHR

Apax Digital Fund II has made a strategic investment in Greytip Software Private Limited, a cloud-based HR and payroll software company, popularly known as greytHR. Apax now holds a controlling stake of 52.1% in the greytHR.

JSA provided comprehensive end to end transactional assistance to Apax. The Firm's role included providing extensive support across all aspects of the transaction starting from term sheet discussions to closing.

The transaction team consisted of Probir Roy Chowdhury (Lead Partner), Yajas Setlur (Partner), Pranavi Pera (Senior Associate), Soumya Bhargava (Senior Associate), Bhargavi Kuchewar (Associate), Nikhil George (Associate) and Moushami Nayak (Associate).

This investment will fuel growth, enable market expansion, and enhance AI capabilities of greytHR.

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