Skip to main content

AZB & Partners has counselled Indian software giant Wipro on its $1.45 billion acquisition of UK consultancy Capco.

Capco’s acquisition will provide Wipro access to 30 new large banking and financial clients, making Wipro one of the largest end-to-end global IT consulting and  business service providers.

Wipro and its rivals Infosys and Tata Consultancy Services have become major global players, offering services spanning from back-office work for banks to social media content moderation as well as traditional technical support, according to Reuters.

Partners Srinath Dasari and Bhuvana Veeraragavan led the AZB team.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

Deals

CAM, Trilegal, Khaitan, IndusLaw act on HUL’s $350 mln Minimalist deal

by Nimitt Dixit |

In the first big M&A deal in India this year, leading firm Cyril Amarchand Mangaldas has guided FMCG major Hindustan Unilever (HUL) on its acquisition of 90.5 percent stake in Jaipur-based skincare startup Minimalist for close to $350 million (29.5 billion rupees).

Deals

7 international, Indian firms act on Kedaara Capital’s $350 mln U.S. bet

by Nimitt Dixit |

Akin Gump Strauss Hauer & Feld, Quillon Partners, and Kelley Drye & Warren have advised Indian private equity firm Kedaara Capital on its maiden bet in the data analytics and AI solutions market, committing $350 million strategic investment to San Jose, California-based Impetus Technologies.

Deals

SAM, Latham guide Hexaware’s upcoming $1.2 bln India IPO

by Nimitt Dixit |

Indian law firm Shardul Amarchand Mangaldas & Co has been mandated to assist Hexaware Technologies, an AI-focused tech company backed by Carlyle Group, on its upcoming initial public offering (IPO) in India, which is expected to raise $1.2 billion.