DMD Advocates advises Rabyte on majority stake acquisition by Hakuto

Hakuto Co. Ltd. has acquired a 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.

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.

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