10/12/2021 | Press release | Archived content
Global law firm Norton Rose Fulbright has advised leading learning software company Seertech Solutions on a major investment by Quadrant Private Equity. This is the first investment by the $530 million Quadrant Growth Fund 2.
Seertech was founded in 2003 and delivers learning and compliance management software solutions to enterprise customers globally across many industries including technology, financial services, mining, transport, healthcare and government. Quadrant is one of Australia's leading private equity firms.
The Norton Rose Fulbright team was led by partner and global co-leader of its digital transformation practice, Nick Abrahams, and senior associate, Oliver Kabongo. The team advised on all aspects of the transaction including vendor due diligence, transaction structuring, negotiation of transaction documents and regulatory advice. The sale was announced on 26 September 2021.
Seertech's founder and chief executive officer, Paul Hardwick, commented:
"When I started Seertech we set out to be successful. We chose a legal team that could be with us every step of the way and it gave me great pleasure to complete this deal with Nick. Having such an experienced and trusted deal team was critical to the success of the transaction and meant I could focus on running the business safe in the knowledge Norton Rose Fulbright had our back."
Norton Rose Fulbright partner, Nick Abrahams commented:
"Congratulations to Seertech and its team on this landmark deal. Already a leading learning management solution provider, we look forward to seeing Seertech's continued growth and innovation as a result of this exciting combination with Quadrant."
Nick and Oliver were supported by partners Jason Noakes, Greg Reinhardt, Marshall Bromwich, Stephen Iu and Tim Mornane, special counsels Michael Nightingale, Seema Mishra, Jim Lennon and Luke Bona and associate Henry Yuan.
Norton Rose Fulbright has advised on a range of technology deals such as:
Alex Boxsell, Head of Digital, Communications & Experience, Norton Rose Fulbright in Australia
Tel: +61 (0)2 9330 8165;Cell: +61 (0)414 985 556
Angela Han, Digital & Communications Executive, Norton Rose Fulbright in Australia
Tel: +61 (0)2 9330 8610;Cell: +61 (0)438 429 798