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Deal Corner

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May 28, 2024

NDA represents SHI International Corp in its acquisition of Locuz Group

DEAL BRIEF

SHI International Corp. ("SHI"), a leading global provider of innovative technology solutions headquartered in US, entered into definitive agreements to acquire 100% of the Locuz Group, which focusses on cybersecurity and digital transformation services.

OUR ROLE

We at Nishith Desai Associates, acted as deal counsels for SHI and advised on legal and regulatory aspects, including negotiation and finalization of the transaction documents. Holland & Hart acted as the US counsels for SHI.

DEAL TEAM

Huzefa Tavawalla

Vasavi Kaparthi

Ipsita Agarwalla

Sapna Kataria

DILIGENCE TEAM

Maulin Salvi

Darshna Negandhi

Palomita Sharma

Rhythm Vijayvargiya

MEDIA COVERAGE

https://www.shi.com/about/ news/shi-announces- definitive-agreement- to-acquire-locuz-enterprise-solutions

https://www.businesswire.com/ news/aptechnologynews/20240520250663/ en/SHI-International-Corp.-Announces-Definitive- Agreement-to-Acquire-Locuz-Enterprise-Solutions- Limited-an-Indian-Cybersecurity-and-Digital- Transformation-Services-Company

https://www.crn.com/news/ security/2024/shi-to -acquire-india-based -digital-transformation-firm-locuz

https://www.roi-nj.com/ 2024/05/22/tech/shi-acquires -indian-cybersecurity-and- digital-transformation-services-company/

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