Matheson M&A team advises on two transatlantic deals

Matheson M&A team advises on two transatlantic deals

Brian McCloskey

The corporate M&A team at Matheson has advised a US private equity firm and a major US corporation on two transatlantic deals.

The firm advised Follett Corporation, the world’s largest single source of books, entertainment products, digital content and multi-media for libraries, schools and retailers, on its acquisition of Fishtree, an adaptive learning platform that for personalised learning in school classrooms.

Brian McCloskey, corporate M&A partner at Matheson, said: “We are delighted to have had a cross departmental team work with Follett and its US lawyers in successfully closing this transaction.

“This deal further illustrates our position as the law firm of choice for internationally focused companies doing business in and from Ireland, and our strong track record of advising on strategically important transactions for such companies.”

Mr McCloskey also recently advised Motive Partners, a US private equity firm, on its investment in Global Shares plc, a provider of innovative software and services for employee equity share plan administration.

The deal, which is subject to customary closing conditions (including regulatory clearance), is expected to close in the fourth quarter of 2018.

Mr McCloskey said: “We were delighted to deliver a cross-departmental service to Motive Partners and to work with Motive and its UK lawyers on this significant investment in Global Shares plc. The transaction represents further evidence of Ireland’s attractiveness as a destination for Fintech investment.”

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