Fladgate acted for the majority shareholder of Conversio, a popular ecommerce platform, on its sale to CM Group, a global technology company and the owner of Campaign Monitor.
With the transaction completed, Conversio’s technology is now being used to launch CM Commerce, a new email marketing solution tailored for retailers looking to accelerate their growth.
Lead Partner Anthony Shatz said “We are delighted to have been involved in this transaction, which was successfully closed over a short timetable, and which will be accretive to Campaign Monitor’s business going forward”.
The Fladgate team supporting Anthony included Ashleigh Brinklow, Liam Bracken, John Forde, Hamilton Forrest and Michael McCartney.
In recent years, Fladgate has advised a number of transactions in the technology sector, including:
Discretion Capital was the sole financial advisor to Conversio in connection with the transaction.