JSA advised Torreya Holdings in the 100% acquisition of Torreya Partners by Stifel Financial Corp for an undisclosed amount.
The transaction team from JSA consisted of lead partner Rupinder Malik, partner Rajul Bohra, senior associate Abin Francis and associate Sanchita Kumari.
The tax team consisted of partner and head of practice – direct tax Kumarmanglam Vijay and senior associate Divyam Mittal.
Torreya Partners India is a subsidiary of Torreya Partners engaged in providing capital advisory services to pharma clients that are primarily based out of India.
Torreya Partners is a leading M&A and private capital advisory firm primarily engaged in advising pharma companies, specialising in the life sciences sector including biotechnology and pharmaceuticals.
In addition to M&A, Torreya deals in advisory services with respect to joint ventures, monetisation of royalties, licensing agreements and private capital raising.
Stifel, on the other hand, is a financial services company engaged in banking, securities, and financial services to clients globally. The acquisition is aimed at broadening Stifel’s reach in the pharma sector.