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10 January 20202 minute read

DLA Piper advises Resilience360 in its combination with Riskpulse

DLA Piper is pleased to announce that the firm represented Resilience360 in its combination with Riskpulse, a supply chain risk analytics company, and its related financing from Columbia Capital, Greenspring Associates and DHL.

Incubated in DHL's global Innovation Center, Resilience360 provides an end-to-end supply chain risk assessment and monitoring solution. It has become an independently operated company under the management of Rising Tide Digital following an investment by Columbia Capital in 2018.

Riskpulse helps shippers, carriers, distributors and their customers increase their on-time performance, reduce unnecessary freight spending and avoid waste caused by operational and natural, social or infrastructure-driven variability. The company's SaaS solutions quantify and standardize their clients' understanding of risk across their transportation networks and provide real-world, actionable risk mitigation recommendations up to two weeks before dispatch through to delivery.

"DLA Piper's impressive M&A, tax and international capabilities made this complex transaction a success, enabling us to expand our platform and make significant strides toward our goal of revolutionizing supply chain analytics," said Chris Arroyo, chief financial officer and chief operating officer of Rising Tide Digital. "I always enjoy working with the DLA Piper team and won't hesitate to leverage their global platform and broad experience during future acquisitions."

"It was a pleasure to advise Resilience360 on this new venture and to support our client's expansion and continued innovation in supply chain management while utilizing our wide-ranging M&A experience," said Eric Grossman, who led DLA Piper's deal team.

In addition to Grossman (Northern Virginia), the DLA Piper team representing Resilience360 included partners Anil Kalia, David Plewa, Stacy Paz (all of Silicon Valley), Cathryn Le Regulski, Thomas Hendershot (both of Northern Virginia) and Julia Kovacs (Washington, DC); managing director Isabel De Obaldia (Northern Virginia); of counsel Matthew VanderGoot (Northern Virginia); and associates Mary Claire Blythe (Baltimore), Nika Antonikova (San Diego) and Ryan Selis (Northern Virginia).

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex cross-border transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for nine consecutive years, according to Mergermarket.