Law firm helps seal telecoms deal

A Shropshire law firm has helped clinch a multinational sale in the telecommunications sector, after Centillion Solutions Inc. was acquired by US infrastructure services group Osmose Utilities Services Inc.

Shrewsbury-based Aaron & Partners led on the UK legal work for the seller in the cross-border transaction, which expands Osmose’s telecoms offering and supports its push to deliver full-scale technical services to infrastructure providers worldwide.

The deal spans Centillion’s operations in the United States, the Netherlands, the UK, Australia and India. 

Completion has now taken place in all jurisdictions other than Australia, where closing is expected in the coming months. The seller was Venkat Chundi, founder and former CEO of Centillion Solutions.

Aaron & Partners’ UK team was led by corporate and commercial partner Stuart Haynes, supported by Abigail Murray. The wider sell-side process was co-ordinated across multiple jurisdictions, with legal advisers in the U.S., the Netherlands and India working alongside the Aaron & Partners team to deliver the international deal.

Stuart Haynes said: “We advised on the UK elements of this strategically important multinational transaction.  Deals of this scale demand close cross-border cooperation, and it was a pleasure to work with the international adviser team to secure a successful outcome for the seller.”

The sell-side transaction was led in the United States by Miller Shah LLP, with senior counsel Alfonso Vilaboa supported by Mark Xiao and Anika Keuning. Dutch legal counsel was provided by Ten Holter, led by Aram van Bunge with Kelly Both and Iris Brand, and Indian legal support came from Tempus Law, with Sundari Pisupati, Raghav Agarwal and Utkarsh Sharma.

Alfonso Vilaboa, senior counsel at Miller Shah LLP, said: “This acquisition was the quintessential mid-market cross-border deal, involving teams across the US, UK, Netherlands, India, and Australia. 

“At Miller Shah, we were honored to lead and coordinate the sell-side effort alongside our partner firms in those jurisdictions. The level of professionalism, trust, and co-operation across time zones and legal regimes was remarkable and central to achieving such a successful outcome.”