Everstone Group and key promoters of Sahyadri Hospitals Group have sold a significant majority stake in Sahyadri Hospitals Group to Ontario Teachers' Pension Plan Board..Khaitan & Co advised the Everstone Group on the deal.The core team consisted of Bharat Anand (Partner), Aditya Patni (Partner), Kevin Peter (Principal Associate), Srikant CV (Principal Associate), Tanima Tandon (Principal Associate).Employment law related aspects for the vendor due diligence were handled by Anshul Prakash (Partner), Abhinav Rastogi (Counsel) and Deeksha Malik (Senior Associate).Real estate related aspects of the transaction were handled by Harsh Parikh (Partner), Amit Wadhwani (Counsel) and Shivom Sharma (Associate).Debt-financing related aspects were handled by Rolwine Alva (Partner) and Savni Tewari (Principal Associate) .Vendor due diligence was conducted by Bharat Anand (Partner), Aditya Patni (Partner), Kevin Peter (Principal Associate), Nikita Bhuwania (Principal Associate) and Tushar Bakshi (Associate)..Latham & Watkins and Trilegal advised Ontario Teachers' Pension Plan Board..The Latham team was led by Singapore partner Sidharth Bhasin, with Associates Bing Xi Sia and Heidi Lui. Advice was also provided on finance matters by Singapore Partner Timothy Hia, with Associates Tian Lin and Yun Cao..The Trilegal team was led by Partners, Harsh Pais and Sanjam Arora with Counsel Vishal Sagar.Harsh Pais is now moving to Allen & Overy to head India Corporate practice..Everstone Group along with a group of key management and founders will retain minority stakes in the company..If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.
