Holland & Hart represented SHI International Corp. (SHI), a leading global provider of innovative technology solutions, in its definitive agreement to acquire Locuz Enterprise Solutions Limited, an Indian cybersecurity and digital transformation services company. Indian firm Nishith Desai Associates served as co-counsel in the acquisition. Terms of the agreement were not disclosed.
With this acquisition, SHI will enhance its managed services capabilities, including the addition of a fully managed Network Operations Center (NOC) and Security Operations Center (SOC), and will fortify its global security, data center, and cloud practices. The acquisition will support SHI’s ability to offer global customers improved operational management, hosting, and infrastructure services vital for the digital and AI-driven landscape’s expansion. The acquisition is expected to close in the third quarter of 2024.
For more information, please see SHI’s press release.
The Holland & Hart transactional team was led by Paige Coriden, and included assistance from Gian Brown, Peter Perla, John Ludlum, Conrad Kranz, Zaniah Jordan, Trent Timmons, and Lori Argall.
Holland & Hart’s Corporate attorneys have extensive experience in mergers and acquisitions and advising clients at all stages of development, from start-up to public companies, in a diverse range of industries, including technology, food, beverage, and consumer products, energy, and cannabis sectors.