India-focused private equity fund CX Partners and Capital Square Partners have exited their investment in BPO firm Minacs by selling it to US-based Synnex Corp for $420 million, reported Mint..Shearman & Sterling and Platinum Partners advised CX Partners and Capital Square Partners.The Shearman & Sterling team was led by Partner Sidharth Bhasin (Singapore-M&A) and includes partners Jessica Delbaum (New York-Antitrust), Kenneth Laverriere (New York-Compensation, Governance & ERISA), Richard Hsu (Menlo Park-Intellectual Property Transactions), Daryl Chew (Singapore-International Arbitration), Laurence Crouch (Menlo Park-Tax), and Sarah Priestley (London-Tax)..Platinum Partners team was led by Partner Ankit Majmudar..Veritas Legal and Pillsbury Winthrop Shaw Pittman LLP advised the buyer (Synnex Corporation)..It us understood that Veritas team was led by Partner Abhijit Joshi along with Senior Associate Sayantan Banerjee..Synnex, a Fortune 500 corporation, will integrate Minacs into its wholly owned subsidiary Concentrix.
India-focused private equity fund CX Partners and Capital Square Partners have exited their investment in BPO firm Minacs by selling it to US-based Synnex Corp for $420 million, reported Mint..Shearman & Sterling and Platinum Partners advised CX Partners and Capital Square Partners.The Shearman & Sterling team was led by Partner Sidharth Bhasin (Singapore-M&A) and includes partners Jessica Delbaum (New York-Antitrust), Kenneth Laverriere (New York-Compensation, Governance & ERISA), Richard Hsu (Menlo Park-Intellectual Property Transactions), Daryl Chew (Singapore-International Arbitration), Laurence Crouch (Menlo Park-Tax), and Sarah Priestley (London-Tax)..Platinum Partners team was led by Partner Ankit Majmudar..Veritas Legal and Pillsbury Winthrop Shaw Pittman LLP advised the buyer (Synnex Corporation)..It us understood that Veritas team was led by Partner Abhijit Joshi along with Senior Associate Sayantan Banerjee..Synnex, a Fortune 500 corporation, will integrate Minacs into its wholly owned subsidiary Concentrix.