ATI Global completes multimillion-dollar Groundsure deal
DLA Piper has advised ATI Global on its acquisition of UK-headquartered company, Groundsure, in a deal worth GBP170 million.
Firm: DLA Piper (ATI Global).
Value: GBP170 million.
Area: M&A.
Key players: The team advising ATI Global was led by DLA Piper head of corporate Australia Grant Koch, with senior foreign legal associate Hannah Jones, solicitors Claudia McEwen and Julia Krapeshlis.
Lawyers from DLA Piper in the UK also supported the transaction, led by corporate partner Jon Hayes and associate Josie Millichamp. Intellectual property and technology partner Amanda Pilkington assisted with transitional arrangements, while litigation and regulatory partner Alexandra Kamerling advised on competition matters, according to a statement from DLA Piper.
Deal significance: ATI Global is based in Sydney, NSW and is described as a leading company in legal technology, software and information services.
Meanwhile, Groundsure is described as a leading supplier of environmental searches, data, mapping and reports for the UK property market, from Ascential plc.
The statement from DLA Piper noted the acquisition of Groundsure will build upon ATI Global’s suite of smart technology that makes businesses more productive by transforming customer workflow, profitability and growth.
“There is always strong alignment for us when we work with global technology clients like ATI Global, as we have one of the most active technology M&A practices globally and a commitment to partnering with innovative and transformative technology clients,” said DLA Piper head of corporate Australia Mr Koch.
“It was a pleasure to work with ATI Global on this acquisition and to support them in their goal to provide a greater suite of smart technology and decision making software to their clients.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
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