Mauritius

Highlights  

Juristconsult Chambers advised ES-KO and Phatisa, on the acquisition of International Facilities Services (IFS) from Development Partners International. Acting as local counsel, the team drafted and reviewed documentation for the subscription of shares and financing through loan agreements, reviewed the SPA, and reviewed governance documentation, including the constitution and shareholders’ agreements of the Mauritian target and other companies. The transaction closed in November 2024 and was led by Abdool Rahim Salehmohamed.  

The firm also assisted the shareholders of la Prudence Holding Ltd with regards to the sale of the majority of the shares held in la Prudence Holding Ltd. The team, led by partner Nicholas Richard, was responsible for explaining and discussing the rights and obligations of ten different clients under the SPA. They also assisted individual clients through the signing process to ensure the deal closed in time. The firm acted as local counsel and the transaction closed in July 2024.  

Key Clients  

ES-KO Group & Phatisa; The Shareholders of La Prudence Holding Ltd 

Testimonials 2024/2025  

“In respect of the M&A advice they are able to provide advice which works within the agreements they are provided with.  This means that they are able to provide good, efficient advice which keeps the transaction moving forward.  They are responsive and are reliable, which means I am able to commit to timelines with the client and know that they will be met.” (M&A) 

“The team, led by Adbool Rahim Salehmohamed, is very practical in performing their due diligence review, understanding what is material to the client and what aspects are good to know but are not transaction issues.” (M&A) 

“Abdool Rahim Salehmohamed is English law qualified and practiced in the UK for a very long time.  Accordingly, his knowledge of English law transactions means he is able to advise very well within a broader M&A workstream.  He is practical and finds solutions which work within a broad transaction structure which is pivotal in keeping momentum up and transactions running smoothly.” (M&A)