Xalles Holdings Inc. (OTCPK:XALL) entered into a share purchase agreement to acquire Crown Solutions India Private Limited, Crown Global Solutions Pvt Ltd and Crown Solutions, Inc. for approximately $6.1 million on January 12, 2021. In a related transaction, Xalles Holdings also entered into a share exchange agreement to acquire VGR Technology Partners Inc. Upon-completion, VGR Technology Partners will replace Xalles Holdings as buyer and Crown Solutions India Private Limited, Crown Global Solutions Pvt Ltd and Crown Solutions, Inc. will become wholly owned subsidiaries of VGR Technology Partners. Suresh Kumar Nair will stay on to lead Crown during an extended multi-year transition period. The transaction is expected to be completed on January 31, 2021.