JSA advised and assisted Airgap Networks, Inc. (“Airgap”), a Delaware corporation engaged in providing cybersecurity solutions for business-critical networks, on the India leg of the acquisition of Airgap, by ZSC Holdings Limited (“ZSC“), a provider of cloud-based digital security services. The acquisition was structured through a merger of Airgap, with Argus Merger Sub, Inc. (“Argus“), a wholly owned subsidiary of ZSC.
The JSA team was involved in reviewing, negotiation and finalizing the documentation for the acquisition of Airgap Networks India Private Limited, an Indian subsidiary of Airgap, by ZSC, as well as advising on direct and indirect tax issues arising in relation to the transaction.
Our Transaction Team Comprised Joint Managing Partner – Vivek K Chandy, Partner – Ajay G Prasad, Associate – Deviah Chinnappa and Company Secretary – Swati Hegde.
Our Direct Tax Team Comprised Partner – Kumarmanglam Vijay, Partner – Surajkumar Shetty, Associate – Tejasvi Shukla.
Our Indirect Tax Team Comprised Partner – Shareen Gupta, Associate – Tanay Vyas.
Ajay is a corporate-commercial lawyer specializing in M&A, private equity & venture capital, corporate restructuring & reorganization. and general corporate advisory.