Leading independent law firm, Johnson Winter Slattery has advised Accel-KKR-owned Humanforce in its successful bid for IntelliHR, an ASX listed human resources tech platform.
The Humanforce bid commenced as a scheme of arrangement however, when counter bidder TAG emerged, turned into a concurrent scheme and unconditional on market takeover bid by Humanforce.
The transaction was led by James Rozsa and Byron Koster with assistance from Kate Naude and Sophia Bobeff.
James Rozsa said “This was an exceptionally dynamic transaction involving nine bids and counter bids. We are very pleased that our client ultimately won the contest.”
JWS’ corporate M&A team has been involved in a string of contested tech M&A deals in recent months, including Potentia’s bids for Nitro and Tyro. The team has built a reputation as a ‘go-to’ firm for tech M&A, having worked on over 45 tech transactions in the last 18 months.
About Johnson Winter Slattery
Johnson Winter Slattery is a leading independent Australian law firm with over 80 partners and 6 offices across Australia. We advise major corporates, funds and governments on their most challenging transactions and disputes.
Be the first to receive the latest articles, news and publications.