CX Partners and CX Capital Management, acting on behalf of Urania in Mauritius and AAJV Investment Trust in India, have signed an agreement to acquire a majority equity stake in Transaction Solutions International (India), for an undisclosed amount.
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Transaction Solutions India, a subsidiary of Transaction Solutions International Group of Companies, provides automated teller machines, related management services, payment solutions and other customer services for financial institutions, banks, government agencies and authorities in India.
In addition to India, Transaction Solutions has offices in Australia and the UK.
Aparajit Bhattacharya, a partner at HSA Advocates, advised Transaction Solutions India and its parent company, with assistance from partner Harvinder Singh and senior associate Sumedha Dutta.
Wadia Ghandy & Co partner Ankit Majumdar along with associate Namrata Sinha represented CX Partners.
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