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

Factor Bikes successfully closes milestone investment round

8 September 2021

Innovative racing bike manufacturer, Factor Bikes, has successfully closed its latest investment round with various investors, including Scott Farquhar and Kim Jackson’s investment fund, Skip Capital, four-time Tour de France champion, Chris Froome, and Point King Capital, investing over US$10 million (approx. AU$13.45 million) in Factor Bikes’ shares.

Coghlan Duffy + Co Lawyers, led by Director, Charly Duffy, and Associate Director, Zain Kazi, were delighted to act for Factor Bikes on its investment round and to be a part of its fascinating growth story.

Originally founded in 2007 as an engineering and design firm in Norfolk, England, Factor Bikes has grown to become a manufacturer of premium, innovative and bespoke racing bikes. It prides itself on its commitment to high standards and use of state-of-the-art technology at its manufacturing facility in Taiwan. It also counts many elite athletes and cycling teams from around the world amongst its supporters, including professional cycling team, Israel Start-Up Nation. Factor Bikes intends to use the funds raised to grow its consumer brand offering, launch a flagship store in Melbourne and expand globally.

For more information about this transaction, please refer to the recent articles in The Australian and The Sydney Morning Herald.

For further information, contact:

Charly Duffy | Director
T: +61 3 9614 2444  
E: cduffy@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

Ento closes $5M Series B round

18 June 2021

Victorian-based HR startup, Ento, has successfully closed a $5 million Series B investment round with support from various investors, including Perennial Value Management and AirTree Ventures.

Coghlan Duffy + Co Lawyers, led by Director, John Coghlan, Senior Associate, Zain Kazi and Lawyer, Marcus Triado, were pleased to act for Ento on its investment round.

Founded in 2009, Ento is a software company that offers a suite of workforce management tools to assist businesses in managing rostering, leave, attendance and communication within their teams.

Ento’s sophisticated software tools are cloud-based, smartphone and tablet-accessible, as well as integrated with human resources, POS and payroll systems that are widely used by Australian businesses. Led by its CEO and Founder, Aulay Macaulay, Ento has grown significantly since its inception and now provides software solutions to more than 3,000 teams of various sizes and across multiple industries.

For more information about this transaction, please refer to the recent feature article in Startup Daily.

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 Lasertrade on seed capital raise

3 May 2021

Victorian-based startup, Lasertrade, has closed an $800,000 seed investment round with support from various investors, including Archangel Ventures, Upswell Ventures, Scale Investors, Our Innovation Fund, as well existing investors, Startmate and Blackbird.

Coghlan Duffy + Co Lawyers, led by Director, John Coghlan, Senior Associate, Zain Kazi and Lawyer, Marcus Triado, were thrilled to act for Lasertrade on their investment round.

Founded in 2019, Lasertrade is a digital platform for buying and selling medical devices that aims to eliminate the problems associated with the second-hand medical device market. Led by co-founders Kieren Coates, Mark Rosenberg and Melissa Flannery, Lasertrade has dedicated itself to providing a simple way for clients to sell existing devices, as well as providing medical clinics the opportunity to purchase high quality devices at reasonable prices. Lasertrade has already assisted hundreds of medical clinics and is well respected by leading medical practitioners.

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

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Coghlan Duffy + Co advises PUSHAS Sneaker Fund

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1 March 2021

CD+Co has taken pleasure in helping Founder, Justin Truong, launch an innovative fund that invests in exclusive sneakers.

The PUSHAS sneaker fund complements Justin’s existing online sneaker marketplace.

It has been established to provide investors with exposure to an alternative asset class and fractional ownership interests in what are highly popular and collectible consumer products.

The fund raised an initial $210,000 in late 2020 followed by $300,000 last month.

The CD + Co team was led by Director, John Coghlan, Senior Associate, Zain Kazi and Lawyer, Melissa Tan.

For more information about the fund, please see the following article.

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

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

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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