Retail Express sells in $55M deal

20 January 2022

Queensland-based retail point of sale (POS) software provider, Retail Express, has been acquired by Canadian ecommerce and marketing automation software company, Maropost, in a deal valued in excess of CAD $50m / AUD $55 million.   

Coghlan Duffy + Co acted for Retail Express in the transaction. The team was led by Director, John Coghlan, with support from Associate Director, Zain Kazi, Lawyer, Marcus Triado and Graduate Lawyer, Jess Grills.

This strategic acquisition complements Maropost’s existing suite of software platforms and solutions and is its second acquisition in the past 12 months, following its purchase of Australian technology business, Neto.

For more information about this transaction, please refer to the Retail Express media release and the recent articles in BetaKit and PRWire.

About Retail Express

Retail Express provides its retail clients with a suite of cloud-based retail software solutions, covering POS, ecommerce, marketing, business intelligence, logistics and inventory management. Led by its Founder and CEO, Aaron Blackman, Retail Express has enjoyed impressive growth since its inception and now services over 5,000 retailers across multiple industries, including, fashion, homewares, nutrition, sports, toys and workwear. Retail Express counts the likes of Forty Winks, Giant, Sportspower, Jo Mercer, Toyworld, Seiko and Mulberry as its valued clients. For more information, please visit Retail Express’ website here.

About Maropost

Maropost is a fast-growing Canadian ecommerce and marketing automation software company with significant global presence and a range of impressive clients. Founded in 2011 by Ross Paquette, Maropost has offices in Canada, the United States, Australia, India and Sweden. For more information, please visit Maropost’s website here.

For further information, contact:

John Coghlan | Director
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

LeaseEagle sells to MRI Software

18 January 2022

Melbourne-based lease management software business, LeaseEagle, has been acquired by US-based real estate software giant, MRI Software (MRI) for an undisclosed sum.    

Coghlan Duffy + Co, led by Director, John Coghlan, with support from Lawyers, Marcus Triado and Aly Lim, were delighted to act for LeaseEagle on this transaction.

MRI was represented by its Australian counsel, Corrs Chambers Westgarth, led by Partner, Andrew Hewson, and Associate, April Wong.

The acquisition will complement MRI’s existing set of real estate software applications and platforms.

For more information about this transaction, please refer to the MRI press release and the article in PropTech Now.

About LeaseEagle

LeaseEagle provides its clients with a suite of cloud-based software solutions to manage leases across multiple real estate assets. Led by its Co-Founder and CEO, Lee Trevena, LeaseEagle has enjoyed impressive growth since it was founded in 2005 and now has over 185 clients managing 50,000+ locations across Australia, New Zealand and South Africa. LeaseEagle counts the likes of Specsavers, Priceline, CottonOn, JB Hi-Fi and 7-Eleven as its valued clients. For more information, please visit LeaseEagle’s website here.

About MRI

MRI is a leading US-based real estate software company with significant global presence. Founded in 1971, MRI now services more than 17,000 clients and has offices in the Unites States, Canada, Australia, the United Kingdom, Singapore, Hong Kong and South Africa. For more information, please visit MRI’s website here.

For further information, contact:

John Coghlan | Director
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

Claiming.com.au sells to LanternPay

18 January 2022

Medicare claiming software provider, Claiming.com.au, has been acquired by Australian digital claim payments software company, LanternPay (part of the InLoop group) for an undisclosed sum. 

Coghlan Duffy + Co, led by Director, John Coghlan, with support from Associate Director, Zain Kazi and Lawyer, Marcus Triado were delighted to act for their long-standing client, claiming.com.au, on this transaction. 

This acquisition adds a new set of features to LanternPay’s existing claiming software and further strengthens its position in the market. For more information about this transaction, please refer to the LanternPay media release.

More recently, it has been announced that LanternPay is set to be purchased by NAB’s HICAPS subsidiary - the largest provider of payment solutions in the Australian health industry. For more information about this transaction, please refer to the media release by NAB and a recent article in the Australian Financial Review.

For further information, contact:

John Coghlan | Director
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

Sling & Stone sells to Global Agency, VCCP Business

16 September 2021

Our long standing client, public relations agency, Sling & Stone, (S&S) has been acquired by global agency VCCP Business, part of VCCP.

We were thrilled to act on this transaction, having acted for the S&S business for in excess of 6 years.

The team was led by Director, John Coghlan, with support from Senior Associate, Tamim Rahman and Lawyer, Marcus Triado.

The S&S business complements VCCP’s existing global network of innovative media, communications and marketing firms who together now boast a 250+ strong team. It is expected that the combined agencies will bring in upwards of $50M a year in billings.

We are proud to have shared in the journey of the S&S business and congratulate the team on their incredible success.

Speaking on the transaction, Vuki Vujasinovic, Founder and CEO of S&S, said:

When we've faced some of the most important decisions in running our agency, it's always John and his team at CD+Co that we turn to for support. They've been there every step of the way for Sling & Stone, from our infancy through to our global expansion, and now ushering in this exciting new chapter. 

VCCP Business was represented by its Australian counsel, Baker McKenzie.

For more information about this transaction, please refer to the article in today’s AFR.

About Sling & Stone

Sling & Stone was founded in Sydney in 2010, and also has offices in Auckland and Los Angeles. It was the 2020 PRovoke Australasian PR Agency of the Year and PRIA Large PR Agency of the Year and designs and runs award-winning campaigns for technology brands, startups, and challengers across all sectors.

About VCCP Business

VCCP Business is the challenger agency for B2B clients and part of the VCCP - an international integrated communications group, founded in 2002. VCCP Business has offices in London, Madrid, New York, Prague, San Francisco, Salt Lake City, Shanghai, Singapore and Sydney, and works with clients including LinkedIn, Go Daddy, and Capita.

For further information, contact:

John Coghlan | Director
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

WGAC $41.5M Capital Raise

14 September 2021

We are very pleased that our long-standing client, Who Gives A Crap, has now made public its recent $41.5M capital raise.

CD+Co has been acting for WGAC since the early days of the business. During that time, we have been privileged to see the brand achieve exponential success in its business, social and environmental initiatives, culminating in this transformative capital raise. 

We were also very pleased to assist WGAC with aspects of the capital raise in collaboration with its other advisers.

The CD+Co team was led by John Coghlan, with support from Associate Director, Zain Kazi, and Lawyers, Marcus Triado and Victoria Nadalin.

For more information about the capital raise, please refer to this article published today.

For further information, contact:

John Coghlan | Director
T: +61 3 9614 2444  
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

Vidnami sells to GoDaddy, Inc.

2 September 2021

The makers of AI-enhanced, video creation platform, Vidnami, have sold their business to NASDAQ listed domain registration and web services giant, GoDaddy, Inc (NYSE:GDDY) for an undisclosed amount.  

Coghlan Duffy + Co Lawyers, led by Director, John Coghlan, Senior Associate, Tamim Rahman, Associate, Harry Pratt and Lawyer, Marcus Triado, acted for Vidmani on the sale.

The acquisition will result in the development of a new GoDaddy Studio product based on the Vidnami platform, which will bring GoDaddy users new capabilities in video content discovery and auto-creation.

For more information about this transaction, please refer to GoDaddy’s announcement.

For further information, contact:

John Coghlan | Director
T: +61 3 9614 2444  
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

Coghlan Duffy + Co advises founders of PoweredLocal on sale to Hownd, Inc.

3 May 2021

Coghlan Duffy + Co advises founders of PoweredLocal on sale to Hownd, Inc.

Victorian-based technology company, PoweredLocal, a leading data intelligence platform, has been acquired by the US marketing and advertising technology company, Hownd, Inc.  

Coghlan Duffy + Co Lawyers, led by Director, John Coghlan, Associate, Laura Morgan and Lawyer, Marcus Triado, acted for the sellers on the transaction.

The acquisition is complementary to Hownd’s core marketing platform and will greatly assist the acceleration of its global expansion plans.   

Hownd were represented by US counsel, Snell & Wilmer LLP.

For more information about this transaction, please refer to Hownd’s announcement and the article in Medianet.

For further information, contact:

John Coghlan | Director
T: +61 3 9614 2444  
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

Coghlan Duffy + Co advises founders of E7 on sale to Bentley Systems, Inc. (NASDAQ:BSY)

26 February 2021

Brisbane-based technology company, E7, a leading field-based construction delivery platform, has been acquired by the Australian division of NASDAQ-listed software development giant, Bentley Systems, Inc.  

Coghlan Duffy + Co Lawyers, led by Director, John Coghlan, Senior Associate, Zain Kazi and Lawyer, Marcus Triado, were delighted to act for the sellers on the transaction.

The acquisition is complementary to Bentley’s suite of software platforms and its resources and networks will support the acceleration of E7’s growth.

Bentley Systems, Inc were represented by Jones Day, Brisbane, led by Partner, Isaac West, and Associate, Max Rose, with assistance from affiliate offices in Cleveland and Chicago.

For more information about this transaction, please refer to Bentley’s announcement available here.

About E7

E7’s digital platform connects construction project leaders with real-time insights and visibility on project performance. E7 simplifies and digitises manual processes and gathers up-to-date project insights so that project leaders can operate with greater efficiency and make informed decisions. E7’s platform has been utilised on hundreds of civil, industrial, infrastructure, resources and energy projects. For more information please visit https://e7.site/

About Bentley

Bentley Systems, Inc (NASDAQ:BSY) is a US-based software development company focusing on the development and implementation of innovative software for the design, engineering, construction and infrastructure industries. Founded in 1984, Bentley has expanded to offer its software solutions in 172 countries and now generates annual revenues of approximately US$700m and employs more than 4,000 people. For more information visit https://www.bentley.com/en

For further information, contact:

John Coghlan | Director
T: +61 3 9614 2444  
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au