We have advised Entuity Limited on its sale to Park Place Technologies Limited.
Entuity Limited is a global network performance monitoring software company with offices in Boston and London. For over 20 years Entuity has focused on network performance monitoring to ensure uninterrupted service delivery. Entuity provides the analytics needed to keep networks performing and visibility into issues before they impact business services.
This is Park Place’s first acquisition outside of the third-party maintenance category and will be a key component of its multi-vendor service delivery model.
Steven Raize, a corporate partner for Gateley Legal, led the deal with support from associate, Katherine Hornsby and solicitor, Drew Bailey.
Steven Raize commented: “We were delighted to advise the investor shareholders and senior management of Entuity on this cross-border sale of Entuity Limited to Park Place Technologies. We wish Entuity and Park Place Technologies every success in the future.”
Stephen Woodard, President and CEO of Entuity, said “We had the opportunity to work with Steven Raize and the Gateley Legal Corporate team recently and couldn’t be more pleased with the experience. We went through a complex acquisition where Steven and the rest worked tirelessly to not just get the deal completed, but also involved us as needed and dealt with issues so we could maintain and run our business during the process.
They were open and communicative, proactive in dealing with the acquiror, and patient with us! We would gladly use them on other deals, and highly recommend them.”
Pardip Khroud, on behalf of LMS Capital, commented: “We had the opportunity to work with Steven Raize and the Gateley Legal Corporate team recently on the exit of Entuity Ltd. This was a complex transaction and the team successfully navigated through key issues diligently and swiftly. Steven was highly responsive and engaged at all times throughout the process. It was a pleasure working with Steven and the team, and I look forward to working with them again in the future.”