Vertices, DMD, Pioneer act on the acquisition of majority stake of Chumbak Design by GOAT Brand Labs

The acquisition of 76.7% has been made for ₹120 crores.

Bar & Bench

Published:23rd Mar, 2023 at 10:59 AM

G.O.A.T. Brand Labs Pte. Ltd. made a secondary acquisition of 76.7% stake of Chumbak Design Private Limited from existing investors for ₹120 crores.

Vertices Partners advised G.O.A.T. Brands Labs with a team led by Siddharth Raja (Senior Partner) along with Vani Panicker (Associate Partner) and Samrat Roy (Associate Partner). Founder & Managing Partner, Vinayak Burman provided strategic inputs.

DMD Advocates represented Matrix Partners India Investment Holing II, LLC, and Matrix Partners India Investment II Extension.

Pioneer Legal represented Gaja Capital – GCFII - A and Gaja Trustee Company.

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Vertices, DMD, Pioneer act on the acquisition of majority stake of Chumbak Design by GOAT Brand Labs

The acquisition of 76.7% has been made for ₹120 crores.

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