DLA Piper advises Accel-KKR in Unimarket investment

DLA Piper advised global technology-focused private equity firm Accel-KKR on its majority growth investment in Unimarket.

 

Founded in 2005 in Auckland, Unimarket provides cloud-based procurement software and services to a number of sectors including higher education, healthcare, government, research and financial services. The company has customers in New Zealand, Australia and the US.

 

This latest investment follows more than 15 equity investments in the ANZ region for Accel-KKR. DLA Piper also advised Accel-KKR on its recent sale of Christchurch-based software firm, Seequent to a US based publicly traded company for ~NZ$1.5 billion.

 

DLA Piper's team was led by Partner, Reuben Woods (Corporate), supported by Solicitor Tim Galland, and included Partners Rachel Brown (Banking and Finance), Nick Valentine (Intellectual Property and Technology), Laura Scampion (Employment) and David Johnston (Tax).

 

"We are very proud to have acted for Accel-KKR on another fantastic deal in New Zealand. Great to see New Zealand's tech-sector continuing to shine brightly" says Reuben.