Sidharth Bhasin

Sidharth’s regular clients include:

Private Equity

• Blackrock
• Caisse de dépôt et placement du Québec (CDPQ)
• GIP
• Goldman Sachs
• ICG
• I Squared Capital
• Macquarie
• OMERS
• Ontario Teachers’ Pension Plan (OTPP)

Corporates

• Aditya Birla Group
• AES
• Danone
• GE
• JERA
• MIND ID
• Sumitomo
• Tata Group

His transactional experience includes advising:

Private Equity

• I Squared Capital on the:
  • Acquisition of FAS Renewables and its 100%-owned subsidiary Zahra Energy, a Saudi Arabia-based distributed solar company
  • Acquisition of a controlling stake in Royal Cold Storage, a leading cold storage operator in the Philippines
  • Investment into an affiliate firm of oil and gas company Atlantic Gulf & Pacific Company (AG&P), a developer of gas distribution networks in India*
• Ontario Teachers’ Pension Plan Board on the sale of a majority stake in Sahyadri Hospitals Group, an India-based healthcare provider, to Manipal Hospitals
• ADV Partners in connection with various investments in Asia*
• An infrastructure fund on its strategic solar power joint ventures across Southeast Asia, Korea, and India*
• Caisse de dépôt et placement du Québec (CDPQ) on its joint venture with CLP India Private Limited (now known as Apraava Energy), India's leading integrated energy solutions provider*
• Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board in their co-investment with MBK Partners in the acquisition of shares of Woongjin Coway Co. Ltd.*
• Canada Pension Plan Investment Board in its co-investment with Anchor Equity Partners Fund I, L.P. and other investors in GEO-Young Corporation*
• Capital Square Partners (CSP) in connection with its:
  • Acquisition of ESM Holdings Limited, the holding company of the Aegis group, from AGC Holdings Limited, a wholly owned portfolio company of Essar Global Limited*
  • Acquisition of a controlling interest in StarTek and its sale of Aegis, one of its subsidiaries, to StarTek as consideration for such acquisition*
• Citi Venture Capital International (now The Rohatyn Group) in its investment and subsequent exit from Wuttisak Clinic in Thailand*
• CX Partners and CSP on the:
  • Acquisition of Minacs from Aditya Birla for an enterprise value of approximately US$260 million*
  • Sale of Minacs for approximately US$420 million to Concentrix Global Holdings, a subsidiary of Synnex Corporation, a Fortune 500 company
• Everstone Capital Partners in the purchase of C3/CustomerContactChannels Holdings by its joint venture vehicle between Everstone Capital Partners III L.P. and Sunrise BPO Pte. Ltd., Everise Holdings (US), LLC*
• Global Infrastructure Partners on the:
  • Investment in Aboitiz InfraCapital, a Philippines-based operator of airports, digital infrastructures, as well as water and wastewater facilities
  • Acquisition of Tower Vision India Private Limited — a business that establishes and maintains passive telecom infrastructure in India
• Goldman Sachs PIA in its:
  • Initial and subsequent investments (over US$500 million) in ReNew Power Ventures Pvt. Ltd (formerly ReNew Power Wind Power Private Ltd), one of the largest investments in the renewable energy sector in India*
  • Investment into a medical device company in India*
• Intermediate Capital Group on its acquisition of AMP Energy India Private Limited, a renewable energy company
• NewQuest Capital Partners on its secondary acquisition of certain portfolio companies from Draper Fisher Jurvetson*
• Norwest Venture Partners on the:
  • US$425 million investment , as part of a consortium of private equity investors, in Asian Genco, an infrastructure company with power generation assets in India*
  • Acquisition of an equity stake in the National Stock Exchange of India Limited through the FII route*
• OMERS Infrastructure in its US$220 million acquisition of a stake in Azure Power from IFC and IFC GIF Investment Company*
• Ontario Teachers’ Pension Plan Board on the:
  • Acquisition of a significant majority stake in Sahyadri Hospitals Group, an India-based private hospital chain in the state of Maharashtra, from the Everstone Group
  • Investment into Spandana, an Indian microfinance company*
• Qatar Investment Authority, through wholly owned subsidiary Qatar Holdings LLC, in its acquisition of a minority stake in CITIC Capital Holdings Limited*
• The Xander Group in a joint venture with APG Strategic Real Estate Pool N.V. (APG) to Invest US$450 million in retail developments in India and the related US$300 million acquisition by the joint venture company Virtuous Retail South Asia Pte. Ltd. of an initial portfolio of three retail assets from a Xander-sponsored fund*
• TPG Capital on the sale of a stake in Trinugraha Capital, a Luxembourg-based private equity firm, to Bravo Investments Limited in connection with the acquisition of PT BFI Finance, an Indonesia-based multifinance company

M&A

• Macquarie Asset Management and Aragon Holding Company on the sale of Vibrant Energy, an India-based corporate renewables solutions company, to Inox Clean Energy
• Keppel Infrastructure Fund (KIF) on the 100% stake acquisition, alongside its co-investor, in Global Marine Group, a UK-based provider of submarine cable solutions, from investment affiliates of J.F. Lehman & Company
• Unioil Petroleum Philippines, a Philippines-based downstream oil company, on its sale of a 25% stake to Aramco
• A consortium of Japanese buyers, including Osaka Gas Co., Ltd. and Sumitomo Corporation, in connection with their strategic investment in AG&P LNG Marketing Pte. Ltd., I Squared Capital’s platform for investing in companies that develop city gas distribution networks in India 
• A Thai wind renewable power producer with respect to its sale process*
• E2E Serwiz Solutions, a Tata Group company, in its acquisition of the call center business of TRX*
• General Electric on the sale of its commercial lending and leasing business to a consortium backed by AION Capital Partners*
• Hyundai Motor India Limited, India’s first smart mobility solutions provider — on the potential acquisition of identified assets related to General Motors India, Talegaon Plant, Maharashtra
• JERA Co., Inc. on the sale of its approximately 14% stake in the Paiton Coal Thermal IPP Project in Indonesia to PT Medco Daya Energi Sentosa, a wholly-owned subsidiary of PT Medco Daya Abadi Lestari*
• Komli Media in its acquisition of ADMAX Network, a digital media business with operations in multiple countries in Southeast Asia*
• Manila Electric Company (Meralco) and its subsidiary, Solar Philippines New Energy Corporation, on their US$600 million strategic partnership with Actis, a leading global investor in sustainable infrastructure, on its 40% stake in the Terra Solar Project. The transaction represents the largest foreign direct investment for a greenfield infrastructure project in the Philippines. This transaction was awarded Market Impact Award at the IJGlobal Investor Awards 2025, Solar Deal of the Year at the PFI Awards 2025 and IJGlobal ESG Awards 2025; Best M&A Deal in the Philippines at the FinanceAsia Achievement Awards 2025 and ALB Philippine Law Awards 2025, and Best Infrastructure Deal: Philippines at the FinanceAsia Achievement Awards 2025
• MIND ID on its:
  • Acquisition of an increased shareholding from 20% to 34% in PT Vale (PTVI), an Indonesia-based nickel mining and processing company
  • Acquisition of an interest in PT Vale Indonesia, the largest nickel producer in Indonesia, from Vale and Sumitomo*
• Morgan Stanley as financial advisor to the:
  • Independent committee of the board of Harbin Electric in its management buyout*
  • Special committee of Tongjitang Chinese Medicines Company in its acquisition by Hanmax Investment Limited, Fosun Industrial Co., Limited, and Tonsun International Company Limited*
• ORIX Corporation in its capacity as a member of a consortium in the consortium’s leveraged acquisition of a controlling stake in a listed commercial bank in Taiwan, for approximately US$680 million*
• PETRONAS on Saudi Aramco’s US$8 billion investment in the RAPID Refinery and Petrochemical project in Malaysia*
• Potential targets and special purpose acquisition companies (SPACs) on de-SPAC opportunities in Asia*
• PTT and PTTEP on its various strategic M&A transactions in Thailand and across Southeast Asia*
• ST Telemedia Globe Data Centres, one of the world’s fastest-growing data center providers, headquartered in Singapore, on the joint venture with Globe Telecom and Ayala Corporation to develop, construct, and operate data center projects in the Philippines
• Tata Coffee in its US$220 million acquisition of Eight O’Clock Coffee in the United States from Gryphon Partners*
• Tata Technologies in its US$100 million tender offer and acquisition of INCAT plc, a UK public company*
• The Special Committee of China Fire & Security Group in a buyout by Bain Capital*
• The Special Committee of China Transinfo Technology Corporation in a take-private transaction*

Venture Capital

• SoftBank Group, a Japanese multinational investment holding company, on:
  • A US$70 million Series B funding round for Emergent, the fast-growing AI software creation platform
  • Its US$150 million Series F funding round into Eruditus, an India-based education tech company
• Caisse de dépôt et placement du Québec (CDPQ) as lead investor on the US$105 million Series D funding round of CleverTap, a leading global B2B SaaS platform for customer engagement and retention
• CLSA on its investment in Orind Global Holdings*
• Jungle Ventures Pte Ltd, through its second fund vehicle Jungle Ventures II Investment Holding Pte Ltd, in its Series A investment in Deskera Holdings*
• Merrill Lynch on its:
  • Investment in Monsoon Multimedia, an India-based company that manufactures, develops and sells video streaming and place-shifting devices*
  • Investment in Zoom Entertainment Network, an entertainment company based in India*
  • Its investment in Bluechip Corporate Investment Centre, an insurance brokerage*
• Norwest Venture Partners in its acquisition of a 10% interest in Thyrocare Technologies Limited from certain of its shareholders*

Capital Markets

• The underwriters in connection with the NASDAQ listing and initial public offering of MakeMyTrip Limited, the largest online travel company in India*
• The underwriters in connection with the US$145.5 million registered follow-on equity offering by MakeMyTrip Limited and certain selling shareholders*
• The underwriters, led by Morgan Stanley and Deutsche Bank, in connection with US$126 million follow on equity offering by MakeMyTrip Limited*
• A large Indian IT company in its proposed high yield bond offering*
• The underwriters in connection with the US$231.9 million initial public offering by Oberoi Realty Limited which comprised a Rule 144A/Regulation S international placement and public offering in India and listing on the Bombay Stock Exchange and the National Stock Exchange of India*
• Deccan Chronicle Holdings Limited in a US$49 million private placement of shares to qualified institutional buyers*

Restructurings

• Aditya Birla in restructuring its cement business by way of a demerger of the cement business from Grasim (under a scheme of arrangement) followed by a merger of the demerged business into UltraTech (under a scheme of amalgamation)*
• Tata Technologies in its corporate restructuring in the United States, Europe, and Asia Pacific regions*

*Matter handled prior to joining Latham