ServiceMax’s Acquisition of LiquidFrameworks

Ropes & Gray represented ServiceMax, while Kirkland & Ellis represented LiquidFrameworks and Luminate in the transaction.

ServiceMax, the leader in asset-centric field service management, has signed a definitive agreement to acquire LiquidFrameworks, a leading mobile field operations management solutions company specializing in the energy industry, from Luminate Capital Partners, a private equity firm investing in growth and enterprise software companies.

The acquisition enables ServiceMax to expand its field service management solutions to meet the unique challenges of the energy sector.

Existing ServiceMax investors Silver Lake, Salesforce Ventures, and GE are retaining their full equity ownership in ServiceMax. 

The Ropes & Gray team that advised ServiceMax was led by mergers & acquisitions partner Matthew Jacobson (Picture; San Francisco), and included tax partners Adam Greenwood (New York) and David Saltzman (Boston), mergers & acquisitions partners Rachel Phillips and Sarah Young (both of New York), private equity partner Eric Issadore (San Francisco), employment, executive compensation & benefits partner Loretta Richard (Boston), employment, executive compensation & benefits counsel Stephanie Bruce (Boston), litigation & enforcement partner Michael McFalls (Washington D.C.), litigation & enforcement counsel Steven Kaye (Boston) and ESG and M&A partner Michael Littenberg (New York).

Involved fees earner: Stephanie Bruce – Ropes & Gray; Adam Greenwood – Ropes & Gray; Eric Issadore – Ropes & Gray; Matthew Jacobson – Ropes & Gray; Steven Kaye – Ropes & Gray; Michael Littenberg – Ropes & Gray; Michael McFalls – Ropes & Gray; Rachel Phillips – Ropes & Gray; Loretta Richard – Ropes & Gray; David Saltzman – Ropes & Gray; Sarah Young – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: ServiceMax;

Martina Bellini

Author: Martina Bellini