L Catterton Asia's stake in Impresario Entertainment and Hospitality Private Limited (Company) is acquired by India Resurgence Fund (IndiaRF), an India-focused investment platform, for ₹5.5 billion ($66.5 million)..IndiaRF is also investing in the Impresario Entertainment by subscribing to shares of the Company, in addition to the acquisition of the stake from L Catterton Asia. Further, IndiaRF purchased certain shares from other minority shareholders of the Company..Stratage Law Partners advised the Impresario Entertainment and the Promoters, Riyaaz Amlani and Arshad Syed, on all aspects of the transaction, including the structuring of the transaction and drafting, negotiating, reviewing, revising and closing of all the transaction related documentation.The transaction team consisted of Darshan Upadhyay (Partner), Shyam Pandya (Partner), Sharan Sanil (Senior Associate) and Bhoomi Shah (Associate)..Trilegal acted for IndiaRF in this transaction..Shardul Amarchand Mangaldas acted for L Catterton in this transaction..Impresario Entertainment is the operator of the popular restaurant brands – ‘Social’, ‘Smoke House Deli’, ‘Mocha’, ‘Slink & Bardot’ and ‘Salt Water Café’..If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.
L Catterton Asia's stake in Impresario Entertainment and Hospitality Private Limited (Company) is acquired by India Resurgence Fund (IndiaRF), an India-focused investment platform, for ₹5.5 billion ($66.5 million)..IndiaRF is also investing in the Impresario Entertainment by subscribing to shares of the Company, in addition to the acquisition of the stake from L Catterton Asia. Further, IndiaRF purchased certain shares from other minority shareholders of the Company..Stratage Law Partners advised the Impresario Entertainment and the Promoters, Riyaaz Amlani and Arshad Syed, on all aspects of the transaction, including the structuring of the transaction and drafting, negotiating, reviewing, revising and closing of all the transaction related documentation.The transaction team consisted of Darshan Upadhyay (Partner), Shyam Pandya (Partner), Sharan Sanil (Senior Associate) and Bhoomi Shah (Associate)..Trilegal acted for IndiaRF in this transaction..Shardul Amarchand Mangaldas acted for L Catterton in this transaction..Impresario Entertainment is the operator of the popular restaurant brands – ‘Social’, ‘Smoke House Deli’, ‘Mocha’, ‘Slink & Bardot’ and ‘Salt Water Café’..If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.