SR Associates advises Henderson Equity investment in Genesis

Delhi-based S&R Associates have advised UK-based PE company Henderson Equity Partners in their Rs. 80 crore ($17 million) investment in Genesis Colors Pvt. Ltd. Genesis, which owns the luxury fashion brands Satya Paul, Shobhaa De and Bwitch!, has diluted approximately 12 percent to Henderson. Genesis also has distribution rights in India for global luxury brands such as Jimmy Choo, Canali, Aigner, Paul Smith, Just Cavalli and Bottega Veneta. The S&R team was led by Partner Rajat Sethi, assisted by Associates Venkatesh Vijayaraghavan, Dhruv Nath and Tanya Agarwal.