A Matheson team led by corporate partner Robert Maloney Derham and solicitor Dan McAleese, is delighted to have advised, alongside Goodwin Procter LLP, Lead Edge Capital, one of the shareholders of the Irish-headquartered payroll software company Immedis Limited on the proposed sale of the business to US multinational technology company, UKG.
Lead Edge Capital is a growth stage fund based in New York and California with a focus on investing in growth stage software, internet, and consumer businesses. Matheson had previously advised Lead Edge on its initial investment in Immedis as part of the company's growth funding round in 2020.
Robert Maloney Derham commented:
"We were delighted to have had the opportunity to work with Lead Edge again and to support them on this transaction, which will represent a successful exit for Lead Edge. This transaction is yet another great example of the attractiveness of successful Irish businesses to international private equity and growth funds".
As Ireland's largest law firm, Matheson LLP has some of the most experienced corporate, tax and finance and capital market lawyers in Ireland. Excellence matters and Matheson's corporate department has unrivalled experience in advising international private equity clients across all industry sectors, making the firm uniquely positioned to partner with clients to successfully deliver these types of transactions.