Shardul Amarchand Mangaldas & Co. advises Think & Learn and BYJU’s to acquire 100% shareholding of the Great Learning Group by Great Lakes E-Learning Services and Great Learning Education
July 27, 2021
Shardul Amarchand Mangaldas & Co. advised Think & Learn Private Limited (“BYJU’s India”) and BYJU’s Pte. Ltd. (“BYJU’s Singapore”) to acquire 100% shareholding of the Great Learning Group by Great Lakes E-Learning Services Private Limited (“GLI”) and Great Learning Education Pte. Ltd. (“GLS”), respectively. The deal is valued upto USD 650 million.
The Transaction team was led by Prateek Lala, Partner; Rachna Chhabria, Associate; Aishwarya Ray, Associate; and Harshita Mishra, Trainee Lawyer. The Closing team was led by Prateek Lala, Partner; Rachna Chhabria, Associate; Someny Singhal, Associate; Rudra Pratap Tripathi, Associate; and Aishwarya Ray, Associate. The Taxation team was led by Abhay Sharma, Partner; and Priyanka Jain, Senior Associate.
Dentons Rodyk advised Byju’s Singapore on the Singapore law aspect. Quillon Partners advised GLI and its founders. Allen & Gledhill LLP and Infinitus Law advised GLS. DCA Advisors and Transaction Square LLP advised GLI on investment banking and financial aspects and tax aspects, respectively. KPMG advised BYJU’s India and BYJU’s Singapore on the tax aspect.
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