Security and Intelligence Services (India) Limited (BSE:540673) signed a definitive agreements to acquire initially 60% shareholding in Henderson Security Services Pte Ltd. on January 25, 2019. Under the terms of transaction, the consideration will be paid in cash. In a related transaction Security and Intelligence Services (India) Limited is acquiring 60% of Henderson Technologies Pte Ltd. The combined deal value for the transactions is SGD 43 million. The remaining balance shares are expected to be bought between October 2020 and April 2024. The transaction is expected to be EPS and RoE accretive. The transaction is expected to close on February 28, 2019. Mahesh Devaiah of MD&T Partners acted as legal advisor to Security and Intelligence Services (India) Limited. Quahe Woo & Palmer LLC acted as advisor in the transaction.