DLA Piper advises StoreForce in capital raise from software investor Accel-KKR
Global law firm DLA Piper advised StoreForce Solutions Inc. (“StoreForce”), a provider of innovative tools for managing specialty retail stores, with the completion of a significant capital investment from Accel-KKR, a global tech-focused private equity firm.
StoreForce offers a comprehensive suite of data-driven tools that help specialty retailers simplify store operations, engage employees, and drive more sales. The capital raised will allow StoreForce to further expand its presence in global markets including North America, Europe, Australia, South Africa and Asia through organic growth and strategic M&A opportunities. Accel-KKR is a technology-focused investment firm with $18 billion in cumulative capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for topline and bottom-line growth.
Read more about the capital raise here.
The DLA Piper team was led from its Toronto office by partner Noam Goodman (Corporate) and associate Stephen Viscomi (Corporate).DLA Piper’s global team included partners Kevin Fritz (Tax, Canada), Tania Da Silva (Employment, Canada), Sangeetha Punniyamoorthy (IP, Canada), Matthew Demeo (Employment, Canada), Joel Cox (Corporate, Australia) and director Andre Visser (Corporate, South Africa) as well as associates Tyson Gratton (Privacy, Canada), Carly Meredith (Employment, Canada), Danielle Robbertze (Corporate, South Africa), and solicitor Mariana Estifo (Corporate, Australia). The firm acted alongside Carol Tricks of Temple Bright LLP (Bristol, UK) who acted as UK counsel to StoreForce.