Atlas Bidco 1 Limited’s Acquisition of Aryza Holdings Limited

Eversheds Sutherland has advised the Management of Aryza Holdings Limited on the deal. McCann FitzGerald advised Pollen Street Capital. Dechert advised funds managed and instructed by Permira Credit in relation to a senior secured financing package provided to Macquarie Capital Principal Finance, Pollen Street Capital and Aryza senior management in relation to the acquisition.

The Management of Aryza Holdings Limited (Aryza) announced its sale by Pollen Street Capital to Atlas Bidco 1 Limited – a company owned by Macquarie Capital Principal Finance, Pollen Street Capital and Aryza senior management. 

Aryza is a global provider of case management and process automation software solutions for regulated industries serving the insolvency, credit and debt recovery sectors.

Pollen Street first invested in Aryza (originally known as Vision Blue) in 2017. Since then, Aryza has grown rapidly in size, breadth of offering and geographical footprint, now operating from six countries across three continents. More recently, Aryza has developed a platform for M&A completing four deals in the last year.

Pollen Street and senior management have elected to reinvest a portion of their proceeds, providing the opportunity to benefit further from the high growth Aryza has experienced to date along with the future potential of this high-quality software platform, owing to attractive market dynamics and future M&A opportunity. 

Macquarie Capital Principal Finance will bring substantial institutional expertise and operational experience, as well as an extensive global network and flexible capital to support continued growth of Aryza.

The cross-practice Eversheds Sutherland team was led by corporate Partner Paul Pugh (Picture) and comprised: Partners Richard Kyle (corporate), Paula Gaddum (insurance) and Colin Askew (tax), Principal Associates Russell Naglis (corporate), Christopher Ives (insurance) and Helen Mackey (tax), Senior Associate Hannah Rashid (corporate), and Associates Lowri Roberts (corporate), Rachel Lee (corporate), and Jannine Nicholas (tax).

The McCann FitzGerald LLP team was led by Conor O’Dwyer and includes Stephen Fuller, Alan Fuller, Mary Brassil, Mark Ellis, Jerome Kennedy and Eva Giblin.

The Dechert team that advised Permira Credit was led by finance partner Smridhi Gulati, with support from finance partner Philip Butler and associates Edward Bartlett and Oliver Maher; and tax partner Daniel Hawthorne and associate Nicolas Kokkinos.

Involved fees earner: Edward Bartlett – Dechert; Philip Butler – Dechert; Smridhi Gulati – Dechert; Daniel Hawthorne – Dechert; Nicolas Kokkinos – Dechert; Oliver Maher – Dechert; Colin Askew – Eversheds Sutherland; Paula Gaddum – Eversheds Sutherland; Christopher Ives – Eversheds Sutherland; Richard Kyle – Eversheds Sutherland; Helen Mackey – Eversheds Sutherland; Russell Naglis – Eversheds Sutherland; Jannine Nicholas – Eversheds Sutherland; Paul Pugh – Eversheds Sutherland; Hannah Rashid – Eversheds Sutherland; Lowri Roberts – Eversheds Sutherland; Mary Brassil – McCann FitzGerald; Mark Ellis – McCann FitzGerald; Stephen Fuller – McCann FitzGerald; Alan Fuller – McCann FitzGerald; Eva Giblin – McCann FitzGerald; Jerome Kennedy – McCann FitzGerald; Conor O’Dwyer – McCann FitzGerald;

Law Firms: Dechert; Eversheds Sutherland; McCann FitzGerald;

Clients: Aryza Holdings Limited; Permira; Pollen Street Capital;

Giulia Di Palma

Author: Giulia Di Palma