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PageUp People advised on its acquisition
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PageUp People advised on its acquisition

Acquisition

The leading talent management software provider has been bought out by global investment firm Battery Ventures.

Firm: Herbert Smith Freehills (unnamed co-founder of PageUp People); Fenwick & West LLP (Accel Partners); Johnson Winter & Slattery, Cooley LLP (Battery Ventures).

Deal: HSF has advised one of the founders of talent management software provider PageUp People on the provider’s acquisition by investment firm Battery Ventures.

Global law firm Fenwick & West acted for one of PageUp’s shareholders, Accel Partners, on the acquisition. Accel will no longer be an investor in the company. 

Value: Undisclosed.

Area: Technology, Mergers & Acquisitions.

Key players: The HSF team was led by partner Peter Dunne, who was assisted by executive counsel Hemang Shah, senior associate Jonathon Wood and solicitor Rebekah Lam.

The JWS team was led by partner Jeremy Davis and included Jan Hards, Sopia Bobeff (corporate), David Beckett, David Li (finance), Reynah Tang (tax) and Reveni Kelleher (employment). 

Deal significance: Speaking about the deal, Mr Dunne said: “It is always satisfying to help founders realise an exit and transition [of] their company to new ownership.”

“It has been very exciting working for PageUp People on its Series A capital raising, growth phase and now this transformative transaction which brings to fruition the hard work of the company’s management team,” he said.

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