Hakuto Co. Ltd. has acquired a 76% majority stake in Rabyte Edge Private Limited.
DMD Advocates advised the founders of Rabyte on this transaction. The Firm assisted with transaction structuring, as well as the drafting, negotiation, and finalisation of the transaction documents.
The transaction was led by Rashi Dhir (Senior Partner & Head of Corporate), along with Tarinee Sudan (Partner), Shubhangi Bhatnagar (Principal Associate), Arnav Mithal (Associate), Sarvagya Shankar (Associate), and Jasmine Brar (Associate).
Rahul Sateeja (Partner) and Vikrant A. Maheshwari (Principal Associate) advised Rabyte from an Indian tax perspective.
JSA Advocates & Solicitors advised Hakuto on the Indian leg of this acquisition. The Firm conducted comprehensive legal due diligence on the company and provided strategic advice on transaction structuring and regulatory considerations. The firm also assisted in drafting and negotiating transaction documents and supported the parties through to successful completion.
The transaction team was led by Trisheet Chatterjee (Partner), with support from Sarvesh Kumar Saluja (Partner), Kaishori Raut (Principal Associate), Neeral Jain (Senior Associate) and Nandini Mendiratta (Associate).
Bharat Bhushan Sharma (Partner), with support from Mohit Aggarwal (Partner), advised on real estate law aspects.
Manish Mishra (Partner, Head of Practice - Indirect Tax), with support from Ankur Mittal (Counsel) and Sameer Samal (Associate), on indirect tax aspects.
Rabyte is engaged in the franchised distribution of semiconductors and electronic components across Asia, along with value-added services supporting such distribution.
Hakuto’s focus is on growing its electronic components and semiconductor distribution business in the emerging markets.
Hakuto & Rabyte intend to utilize each other’s existing geographic presence to expand their customer base and further penetrate Southeast Asia, Europe, ANZ and North American markets.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.