Herbert Smith Freehills Kramer (HSF Kramer) is pleased to have advised The Riverside Company on its platform acquisition of Workbench International via a competitive auction process.
Workbench is a New Zealand-based provider of project management and job-costing software for project-based industries such as civil infrastructure, construction and engineering. Workbench enables its users to centralise project management so as to track project budgets, costs and project progress in real time.
The HSF Kramer team was led by partner Adam Charles and senior associate Sarah Ward, with the support of solicitors James Ward and Tahli Craven.
Adam Charles said, “It was a pleasure to work with our long-standing client, Riverside, on another platform acquisition. Riverside has a strong track record in managing software platforms and Workbench is well positioned to accelerate its growth under their stewardship.”
This deal is the latest example of HSF Kramer’s market-leading work in private equity. Other examples include advising:
- Advent Partners on the sale of Medtech Global to Banyan Software; and its acquisition of Efex;
- BGH Capital on the sale of CyberCX to Accenture; and the sale of Laurent Bakery Group to Groupe Le Duff;
- BlackRock on its acquisition of StoreLocal;
- Blackstone and its portfolio company, Rover Group, Inc on its acquisition of Mad Paws;
- Carlyle on its acquisition of Waste Services Group;
- Colinton Capital Partners on its acquisition of LPA Energy; and its acquisition of Doors Plus;
- EQT and its portfolio company, Compass Education, on its acquisition of Inklass; and its acquisition of Clipboard;
- Mercury Capital and its portfolio company, Fyfe, on its acquisition of Ecology and Heritage Partners; its acquisition of Middleton Group;
- One Investment Management on its acquisition of Insignia Financial;
- Pacific Equity Partners on its acquisition of Serenitas; and its acquisition of IPAH Client Solutions via its portfolio company, Intellihub;
- Tasman Capital on its acquisition of Acis;
- The Growth Fund on the sale of AFS Logistics to FMH, a PEP portfolio company; and the sale of Black Mount Spring Water to Tasman Capital;
- The Riverside Company on its acquisition of Dingo Software; and its acquisition of Virtual IT Group.
