IBLJ Deals of the Year 2023

India Business Law Journal recognized Golden Flag International Law Firm among its 2023 “Deals of the Year” winners. The Firm was recognized for counseling funds advised by Apax Partners LLP on a definitive agreement to invest approximately $450 million to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service solutions to the global travel and logistics industry, from Blackstone.

Deals and cases selected for this annual list are based on transactional data, submissions received from Indian and international law firms, and interviews with India-focused legal and corporate professionals. They were chosen not only for their size, but for their novelty and complexity and for any precedents that may have been established.