Newron has acquired Sabari Indian School, operating one of Dubai’s top CBSE affiliated schools, from Al Najah Education Group.
Pinac advised Newron on this acquisition. The Firm advised on crossborder transactional aspects, including acquisition strategy, structuring and financing in line with foreign exchange control laws, negotiating transaction documents, and overseeing due-diligence, engagement and driving collaboration with global deal advisors.
The transaction team consisted of Puneet Rathsharma (Partner), Associates Eeshan Mohapatra and Reetasa Samal.
Al Tamimi & Co acted as the UAE legal counsel for Newron. The Firm advised on due-diligence, transaction documentation and securing regulatory approvals from sectoral regulators in UAE.
The core transaction team was led by Richard Catling (Partner), Pallavi Satpute (Senior Associate) and Bilal Syed (Associate).
They were supported by Nazanin Maghsoudlou (Senior Counsel) on the regulatory aspects; and Mohammed Kawasmi (Partner) and Hussein Mujalli (Associate) on real estate aspects.
Kochhar & Co represented Al Najah Education on this transaction.
This acquisition marks Newron’s entry into the UAE K-12 space. Newron is one of India’s fastest-growing K–12 operator and manages the technology and operational aspects of ODM Educational Group, which owns several K-12 campuses across India.
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