Saraf and Partners Acts for Megaport Limited on Acquisition of 100% Equity Stake in Extreme Infocom Private Limited

Saraf and Partners acted as legal counsel to Megaport Limited (“Megaport”), a leading Australian networks company, in its strategic acquisition of 100% equity stake in Extreme Infocom Private Limited (“Extreme IX”), India’s leading internet exchange provider, for an undisclosed sum from its parent entity, Extreme Labs AD, a Bulgaria-headquartered software and network engineering company that incubated the Extreme IX platform.

The transaction team was led by Vaibhav Kakkar (Senior Partner) and Snigdhaneel Satpathy (Partner) and consisted of Shirin Singh (Senior Associate) and Ishaan Gupta (Associate), with support from Suraj Kumar (Associate). Gangesh Verma (Principal Associate) provided crucial support on regulatory aspects of the deal.

The due diligence team was led by Vaibhav Kakkar (Senior Partner) and Snigdhaneel Satpathy (Partner), and consisted of Shirin Singh (Senior Associate), Ishaan Gupta (Associate), Samiksha Bhargava (Associate) and Devansh Sehgal (Associate).

The seller, Extreme Labs AD, was advised by Bulgarian law firm CasePro. CasePro and Trilegal advised Extreme Infocom Private Limited and Extreme Labs AD on this transaction.

The Trilegal team was led by Nikhil Sachdeva (Partner) and consisted of Madhur Patel (Associate) and C.N. Yashwanth (Associate).