JSA advised Veranda Learning Solutions Limited (public listed edutech company ) on the acquisition of T.I.M.E. (Advanced Educational Activities Pvt Ltd).
Veranda offers a bouquet of training programs for competitive exam preparation, including State Public Service Commission, Banking, Insurance, Railways, IAS and CA, as well as a slew of professional skilling and upskilling programmes in trending technologies.
T.I.M.E. is India’s leading test-prep institute with a pan-India presence. It operates through 188 centres including franchisees spread across 98 cities in India and is headquartered in Hyderabad. T.I.M.E offers training programmes for national and state-level entrance exams like CAT, MAT, CMAT, CLAT, IIT Foundation, JEE mains & advanced, NEET, IPM, BBA, CUET, GATE, Bank PO, SSC, State-level admission exams and international exams like GMAT, GRE, IELTS and TOEFL including campus recruitment training.
Amoha Education Private limited, a subsidiary of T.I.M.E. has been offering training in spoken English since 1981. T.I.M.E also has a chain of pre-schools under the T.I.M.E. Kids brand operating through 222 pre-schools in 56 cities.
Deal value: USD 37.4 Million
JSA Team comprised of Lead Partner – Sidharrth Shankar, Partner – Prakriti Jaiswal, Principal Associate – Nandini Seth, and Senior Associate – Yashaswee Sarkhel.
Prakriti specialises in mergers & cross border investments & acquisitions and private equity transactions. Her experience includes rendering advisory and structuring services on a variety of transactions including acquisitions of shares & business, private equity investments, joint ventures and corporate advisory.