AZB & Partners is advising the Carlyle Group, on all Indian law aspects of its acquisition of Intelliflo from Invesco. Intelliflo is a market leading provider of cloud-based practice management software for independent financial advisors in the United Kingdom and includes ‘RedBlack’ and Intelliflo ‘Portfolio’, which are portfolio rebalancing and management software solutions for registered investment advisors in the United States. The total deal consideration is ~USD 200 million.
Our deal team comprised our Senior Partners Anil Kasturi and Nandita Govind, Senior Associate Prashant Khurana and Associate Maitreyi Singh. Our tax team comprised our Partners Abhinav Ashwin and Aditya Singh Chandel, along with Senior Associate Sarvagya Bilgaiyan.