Khaitan & Co advised Madison India Capital Advisors Private Limited on transfer of the entire shareholding held by Milestone Trusteeship Services Private Limited (acting as the trustee of Madison India Opportunities Fund) in UnitedLex BPO Private Limited (“Company”), a legal process outsourcing company in India, to CVC Capital Partners.

Madison India Capital is one of India’s leading private investment firms specialising in the consumer, business services, technology and financial services industries.

The core transaction team included Mayank Singh (Partner), Nidhi Killawala (Principal Associate), Bhavna Pattanaik (Associate) and Kairavi Shah (Associate). Rajat Jariwal (Partner) and Bharat Gupta (Associate) assisted on the dispute resolution aspects of the transaction.