RLDatix’s Acquisition of Allocate

In UK Kirkland & Ellis, advised on the matter.

Kirkland & Ellis advised Hg Capital, Vista Equity Partners with a team including Stuart Boyd (Picture – Corporate M&A), Mark Gardner (Competition Law), Annie Herdman (Competition Law), Lloyd Jones (Finance), Stephen Lucas (Finance), Mavnick Nerwal (Tax M&A and Deal Advisory), Joanna Thomson (IP&IT), Jacob Traff (Corporate M&A).

Hg, a leading global software and services investor, has agreed the sale of Allocate, a leading workforce and people management software-as-a-service (SaaS) provider to healthcare and government organisations, to RLDatix, the leading global provider of intelligent patient safety solutions.

The terms of the transaction have not been disclosed and completion is subject to customary closing conditions.

Allocate Software is a leading international provider of Human Capital Management solutions, supporting the operational and administrative needs of health, care, government organisations and commercial sectors.  

Hg is a leading investor in software and services, focused on backing businesses that change how we all do business. 

The Kirkland team was led by corporate partners Stuart Boyd (Picture) and Jacob Traff and associates Nick Appleton, George Rawlinson and Carmella Crinnion; debt finance partners Stephen Lucas and Lloyd Jones; tax partner Mavnick Nerwal and associate Anthony Antioch; antitrust & competition partners Mark Gardner and Annie Herdman and associate Sion Davies and technology & IP transactions partner Joanna Thomson and associate Shaun Chung.

Involved fees earner: Anthony Antioch – Kirkland & Ellis; Nick Appleton – Kirkland & Ellis; Stuart Boyd – Kirkland & Ellis; Shaun Chung – Kirkland & Ellis; Carmella Crinnion – Kirkland & Ellis; Sion Davies – Kirkland & Ellis; Mark Gardner – Kirkland & Ellis; Annie Herdman – Kirkland & Ellis; Lloyd Jones – Kirkland & Ellis; Stephen Lucas – Kirkland & Ellis; Mavnick Nerwal – Kirkland & Ellis; George Rawlinson – Kirkland & Ellis; Joanna Thomson – Kirkland & Ellis; Jacob Traff – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Hg Capital; Vista Equity Partners;

Author: Giulia Di Palma