Shardul Amarchand Mangaldas Advises Main Capital Partners and BizzDesign on Acquisition of Alfabet Business Assets in India

Shardul Amarchand Mangaldas & Co. advised Main Capital Partners and its portfolio company BizzDesign on Indian law aspects of the acquisition of the Alfabet business assets in India; McDermott Will & Schulte acted as global legal counsel to Main Capital Partners; Clifford Chance acted as global legal counsel to Software GmbH; and AZB & Partners advised Software GmbH on India law aspects. The transaction, announced on 16 December 2025, formed part of BizzDesign's global acquisition of the Alfabet software business (a market leader in Enterprise Architecture and Strategic Portfolio Management) from Software GmbH (formerly Software AG). In India, the deal comprised the acquisition of business assets relating to the Alfabet business from three Software GmbH subsidiaries: Software AG Bangalore Technologies Private Limited, Software AG Chennai Development Centre India Private Limited and Software AG India Sales Private Limited. The acquisition was undertaken through Alfit Private Limited (Alfit India), the India subsidiary of BizzDesign. Shardul Amarchand Mangaldas & Co., representing Main Capital Partners and BizzDesign, advised on Indian law matters including: (a) conducting a limited due diligence on the Indian subsidiaries of Software GmbH; (b) advising on the structure of the transaction; (c) incorporation of Alfit India, post‑incorporation compliance and fund infusion by way of a rights issue in Alfit India; (d) reviewing, negotiating and finalising all India documents in relation to the transaction; and (e) advising on the process of employee transfers from the Software GmbH India subsidiaries to Alfit India. Shardul Amarchand Mangaldas & Co., representing Main Capital Partners and BizzDesign, with a team composed by: Transaction team (Corporate/M&A) — Danish Kazi (Partner), Dipayan Bhattacherjee (Partner); Associates — Vishu Surana (Associate), Adwaita Bhattacharyya (Associate), Abhigya Singh (Associate), Sriroopa Neogi (Associate). Diligence team (Due diligence) — Sakshi Mehra (Partner), Dipayan Bhattacherjee (Partner); Associates — Vishu Surana, Adwaita Bhattacharyya, Abhigya Singh, Sriroopa Neogi, Anshika Chadha, Dhwani Baxi. Tax team (Tax) — Rahul Yadav (Partner), Nimish Malpani (Principal Associate), Ritvij Tiwari (Associate), Tushar Kumar (Associate). Employment team (Employment) — Pooja Ramchandani (Partner), Suryansh Gupta (Principal Associate), Sanskriti Nigam (Associate). McDermott Will & Schulte, acting as global legal counsel to Main Capital Partners. Clifford Chance, acting as global legal counsel to Software GmbH (formerly Software AG). AZB & Partners, advising Software GmbH on India law aspects.

Shardul Amarchand Mangaldas Advises Main Capital Partners and BizzDesign on Acquisition of Alfabet Business Assets in India

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