Krishnamurthy & Co (K Law) has advised Sagility Limited on the Indian legal aspects of its $32.35 million acquisition of Chirok Health LLC, through its wholly owned US subsidiary, Sagility (US) Holdings Inc.
The K Law team was led by Christopher Rao (Partner), and included Nidhi Acharya (Senior Associate), Salini Augusty (Senior Associate) and Shreya Acharya (Associate).
Cooley LLP acted as US legal counsel to Sagility, while Polsinelli PC represented Chirok.
The transaction involved the acquisition of 100% of the outstanding membership interests of Chirok Health LLC for an aggregate consideration of up to USD 32.35 million (approximately ₹305 crore).
Chirok Health is a US-based healthcare services company specialising in clinical documentation integrity, medical coding, revenue cycle management, and audit and quality assurance services, supported by its proprietary CHEMP workflow platform.
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