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Dye & Durham cements GlobalX acquisition
Global law firm Dentons has advised Dye & Durham on its multimillion-dollar acquisition of GlobalX.
Emma Musgrave
Firms: Dentons (Dye & Durham); Maddocks (GlobalX).
Value: $170 million.
Area: M&A.
Key players: The legal team advising Dye & Durham was led by Dentons partners Hamish Walton and John Mollard in Australia and Ora Wexler in Canada.
Deal significance: Dye & Durham Limited is described as a TSX-listed provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. Meanwhile, GlobalX is an Australian-headquartered technology company with operations across Australia and the UK.
Dentons advised on the due diligence and share purchase agreement.
“The transaction is expected to close in the fourth quarter of the current fiscal year, subject to required regulatory approvals,” a statement from Dentons confirmed.
Commenting further, lead partner Mr Walton said: “The transaction is another example of Dentons’ cross border M&A expertise, working for high profile clients on value accretive deals.
“Again we were able to provide the client with seamless 24/7 service via our Australian and Canadian offices on this time critical transaction.”
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.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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