Phoenix Legal has successfully advised Celerity Limited, a UK-based provider of managed IT services, on the Indian segment of its acquisition of Insight 2 Value (I2V). I2V specializes in intelligent automation and enterprise content management solutions. This strategic acquisition aims to enhance Celerity’s service offerings, particularly in the domains of customer onboarding, complaints handling, case management, and regulatory compliance.
The legal team from Phoenix Legal guiding this transaction included Sumit Sinha and Ashima Dewan, both serving as Partners, alongside Vishesh Minocha, a Senior Associate, and Abhijit Durunde, an Associate. Collaborating with Phoenix Legal on this transaction was Hill Dickinson LLP, the legal counsel for Celerity in the UK. The Hill Dickinson team was spearheaded by David Mkhitarian, who is the Partner and Head of Private Equity at the firm.
This acquisition is a significant milestone for Celerity, reinforcing its ability to offer enhanced solutions that adeptly connect content, thereby improving service delivery. The acquisition is expected to accelerate customer-facing operations for Celerity’s clients across various sectors such as healthcare, financial services, and local government, ensuring improved workflows and compliance with regulatory standards.
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