Global law firm Ashurst has advised productivity software business GetBusy plc in relation to its acquisition of two bolt-on technology acquisitions within SmartVault, DocDown and Quoters.
Smartvault is a leading cloud-based productivity, document management and storage software solution. Quoters and DocDown will be integrated into SmartVault, broadening the offering into other core elements of customer workflows. Quoters automates proposals and quotes, simplifying a core part of the client workflow for accountants and financial services professionals. DocDown uses online web forms, web hooks and APIs to automate the population of forms and templates, removing the need for error-prone manual transfer of information.
Together, these bolt-on acquisitions are expected to accelerate SmartVault’s product roadmap across client workflows and its go-to-market strategy into the wider financial and professional services market.
The Ashurst team was led by tech M&A partner Jonathan Cohen, supported by associates Jasmin O’Reilly and Elnaz Amiri. Senior associate Liz Parkin and associate Katharine Foster advised on employment aspects. In Spain, senior associates Jose Carlos Rodea Juaneda and Cristina Grande advised on tax and employment matters respectively.
“We are delighted to have supported Getbusy on these acquisitions, and look forward to supporting the team as they continue their impressive high growth trajectory,” Jonathan Cohen commented.