Maddocks advises on strategic tech acquisition
Maddocks has advised the owners of technology company Insync Technology on the acquisition of Insync by Netherlands-based Microsoft cloud specialist Rapid Circle.
Insynch Technology is an Australian-based Microsoft partner who works with businesses to use Microsoft tools to create modern workplaces. The company was formed in 2013 and has grown rapidly to have offices in Sydney, Melbourne and Brisbane and generate revenue of $12 million per year. The strategic acquisition is designed to grow Rapid Circle’s foothold in the Australian market.
Partner Duncan Hall and senior associate Bernardo Wood led the Maddocks team on the matter, which was referred to the firm by corporate advisors, SCD Advisory.
Duncan said it was another deal in a regular stream of IT-related transactions the firm has been involved in over the past 12 months.
Maddocks is a proudly independent Australian law firm that works closely with corporations, businesses and governments throughout Australia and internationally. We advise national and international clients across the education, government, healthcare, infrastructure and technology sectors, from our Canberra, Melbourne and Sydney offices. Our specialist expertise includes dispute resolution and litigation, employment and safety, financial services, franchising and insolvency.
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