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Dillon Eustace advises on acquisition of warehouse software business

14 Jan 2021 / business Print

Dillon Eustace advises on software business deal

Dillon Eustace recently advised warehouse and supply chain management software expert Principal Logistics Technologies on its acquisition of Dublin-based Brentech Data Systems, an enterprise resource planning (ERP) and warehouse management system (WMS) solutions specialist.

Under the deal, Principal Logistics Technologies purchased the entire share capital of Brentech Data Systems which includes its intellectual property rights.

Strategic acquisition

The strategic acquisition will underpin Principal’s further expansion in the healthcare supply chain sector and adds sales and purchase order processing functionality to its product suite.

The Dillon Eustace multi-disciplinary legal team was led by Lorcan Tiernan, head of corporate M&A, supported by M&A associate Owen Brayden, David Lawless head of tax, Conor Keaveny, partner banking and capital markets, and banking associate, Shona Hughes.

Luke Mooney of Duff & Phelps acted as financial advisor to Principal Logistics.

Commenting, Lorcan Tiernan said: “We are delighted to have supported Principal Logistics on this strategic acquisition. The deal finished off what turned out to be a very productive and busy year for our M&A team, notwithstanding the pandemic.”

 

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