DLA Piper has advised Accel-KKR and its portfolio company, Seequent Limited (“Seequent”), in connection with Seequent’s acquisition of Geosoft, a Canadian-based software company.
Seequent, a world leader in visual data science software acquired Geosoft, a Canadian geoscience software company headquartered in Toronto and with offices around the world. The acquisition brings together Seequent’s Leapfrog 3D geological modelling software suite with Geosoft’s subsurface geoscience and exploration data-driven technology, giving Seequent a leading market position in subsurface geoscience and modelling software solutions within the mining, civil engineering, energy and environmental sectors.
Accel-KKR is a technology-focused investment firm with over $5 billion in capital commitments. The firm focuses on software and IT-enabled businesses well-positioned for top line and bottom-line growth. Their portfolio company, Seequent, is a world leader in visual data science. Seequent is known worldwide for its Leapfrog® 3D geological modelling solutions. The company has a global footprint of 13 offices around the world and its technology is used in over 90 countries.
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The transaction involved teams from Canada, New Zealand, Australia, South Africa, the U.K., the U.S. and Brazil. The DLA Piper Canada team on this transaction was led by Partners Andrew Lord and Robert Fonn and included Ryan Campbell, Douglas Shields, Kevin Fritz, Catherine Pawluch, Alan Macek, Dave Spratley, Kevin Emamian and Jacqueline Rotondi. The New Zealand team was led by Partners Reuben Woods and Katie Carson and included Ran Robinson and James Birt.
With more than 1,000 corporate lawyers across the world, DLA Piper executes cross-border global deals seamlessly while supporting clients across all stages of their transactions and offering cost-effective, pragmatic business solutions. For the ninth consecutive year, DLA Piper earned the top legal advisor ranking globally for overall M&A deal volume in 2018, according to Mergermarket's league tables. The firm’s global M&A practice was involved in more than 671 transactions worldwide valued at approximately US$182 billion last year.