Areas of Expertise
With extensive experience in advising on acquisitions and disposals both in a domestic and cross-border setting, Prasan’s clients know him as a trusted right hand who can pragmatically advise on M&A matters, private listings, investment rounds and equity fundraisings, tax-driven corporate restructures (including share buybacks) and joint ventures.
Prasan typically acts for clients ranging from owner-managed businesses, entrepreneurs, investors, shareholders to HNWI or their respective trust structures.
Before joining Devonshires Prasan, spent several years with London law firms, before working as general counsel to a business that supported the British government during the pandemic and then as corporate counsel to a HNWI’s family office advising trustees and various C-Suite members of the group companies. Pulling on this experience, Prasan’s practice also includes acting as interim head of legal for Sage Homes.
University of Reading, 2005-2008 LLB Hons
A keen cyclist, Prasan has cycled across Poland on a Santander Boris bike for the Alina Foundation and created a cycling-based card game called Bonked).
Prasan is passionate about helping charities and regularly support Stamma (link: https://stamma.org/) pro-bono on its constitution and policies.
Law Society of England and Wales
Paul Johnson CEO of Fixit Medical Ltd
Prasan Modasia at Devonshires has been invaluable in helping our company get a complex shareholders agreement over the line and taking on new shareholders. He has turned around all aspects of the process quickly and efficiently which has been a great help.
Mike Sargeant CFO of Twig Group Ltd
I was very impressed with the entire Devonshires team’s execution capabilities and level of care. I have no hesitation in recommending Helen and Prasan for acquisitions.
Advised on an off-market share buyback of a tech company that used to be a plc which involved the preparation of a shareholder circular and tender form for entry into the buyback. There were over 700 minority shareholders to communicate with.
Advised on a framework agreement that was part of a £120m new note issue secured against a portfolio of office buildings.
Advised Twig, a next-generation B-Corp bank, on it acquisition of Mobi Market, one of Europe’s fastest growing value-add resellers of used electronic devices.
Advised Fixit Medical, a R&D company that has invented a pioneering drainage catheter fixation device, on its recent receipt of investment from Ingraine PLC and Larvotto Group Limited.
Advised Digital Science Foundation on its incorporation and governance framework as it prepared to receive the a $5m grant tranche from the Hedera Foundation.