Hall & Wilcox advises Avolution on Whiteoak private equity transaction

Hall & Wilcox has advised enterprise architecture company Avolution on its transaction with Australian private equity firm Whiteoak’s new $200 million Fund II investment vehicle.

Established in 2001, Avolution offers software that helps businesses manage their IT and business strategy. It has seven offices globally, in Australia, North and South America, the United Kingdom, the United Arab Emirates and Singapore.

Whiteoak has taken a financial stake in Avolution, which will be used to enhance Avolution’s product offerings through further investment in product development and geographic expansion.

The Hall & Wilcox team was led by Special Counsel James Bull and Partner James Morvell, assisted by Associate Daniel Shizas, Senior Associate Susannah Dobbie and tax partner Anthony Bradica. The team provided comprehensive legal support on all aspects of the transaction, from due diligence support to advising on and negotiating the transaction documents to completion, as well as taxation advice. The Hall & Wilcox team worked closely with Avolution’s financial advisor, 333 Capital.  

James Bull said, ‘Having worked with Avolution for some time, it’s rewarding to see the founders and other shareholders achieve such a great outcome, providing a genuine springboard for further growth over the next few years.’