Khaitan & Co advises Birla Fertility on majority stake acquisition in Babyscience IVF Centres

Birla Fertility and IVF (CK Birla Healthcare Private Limited) has acquired a majority stake in Babyscience IVF Centres Private Limited.

Khaitan & Co advised and assisted Birla Fertility on this stake acquisition by (i) structuring of the transaction; (ii) undertaking due diligence on Babyscience IVF Centres and Centre for Human Reproduction and Biosciences; and (iii) drafting, reviewing, negotiating, and finalizing various transaction documents including (a) a share purchase agreement (b) shareholders’ agreement (c) consultancy agreement etc.

The core team consisted of Kapish Mandhyan (Partner), Shourya Sengupta (Partner), Sneh Lata (Principal Associate), Arka Banerjee Choudhury (Senior Associate) and Karishma Sethia (Associate), with assistance from the following:

Diligence team: Shramana Dwibedi (Senior Associate), Miheer Jain (Associate), Unnati Khana (Associate)

ART law aspect: Aditi Sharma (Partner), Anushka Venketram (Associate)

Employment law aspect: Deepak Kumar (Partner), Archika Dudhwewala (Senior Associate), Ransher Singh (Associate), Sidheswar Sahoo (Associate)

IP law aspect: Shailendra Bhandare (Partner), Sourav Dan (Principal Associate) and Vaishali Adhikari (Associate)

Data privacy law aspect: Supratim Chakraborty (Partner).

Babyscience IVF Centres along with its wholly owned subsidiary, Centre for Human Reproduction and Biosciences Private Limited, operates 12 IVF clinics.

With this acquisition, Birla Fertility marked its entry into Karnataka, Tamil Nadu and Maharashtra.

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