DLA Piper is pleased to announce that the firm represented LLR Partners in its acquisition of a majority stake in Geoforce, a Dallas-based provider of global traceability solutions for field equipment and vehicles.
Geoforce is a leader in the oil and gas market, and its solutions are used in many other industries with intensive field operations and remote equipment, including agriculture, construction, mining, transportation, logistics and rail. The company offers a cloud-based software platform that delivers a unified view of multiple asset types through ruggedized satellite and cellular-based GPS devices.
"We are pleased to have had the opportunity to advise on this transaction, drawing on our extensive experience in the private equity, technology and logistics industries," said Eric Grossman, who led DLA Piper's deal team.
In addition to Grossman (Northern Virginia), the DLA Piper Corporate team representing LLR Partners included partners Thomas Hendershot (Northern Virginia), David Plewa, Nathaniel McKitterick (both of Silicon Valley) and Julia Kovacs (Washington, DC); of counsel Nia Brown (Washington, DC) and Sanjay Beri (Northern Virginia); managing director Isabel De Obaldia (Northern Virginia); and associate Philipp Tsukanov (Silicon Valley).
With more than 100 US-based lawyers and more than 130 internationally-based lawyers, DLA Piper's Private Equity practice represents private equity funds, equity sponsors, corporations, strategic investors, fund principals, management teams, institutional investors, financing sources and portfolio companies. In 2018, PitchBook recognized DLA Piper as the second most active private equity law firm in the US and globally by deal volume.
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