JWS advises Humanforce in its successful bid for tech platform, IntelliHR

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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.

Important Disclaimer: The material contained in this article is comment of a general nature only and is not and nor is it intended to be advice on any specific professional matter. In that the effectiveness or accuracy of any professional advice depends upon the particular circumstances of each case, neither the firm nor any individual author accepts any responsibility whatsoever for any acts or omissions resulting from reliance upon the content of any articles. Before acting on the basis of any material contained in this publication, we recommend that you consult your professional adviser. Liability limited by a scheme approved under Professional Standards Legislation (Australia-wide except in Tasmania).