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Matheson advises Bregal Milestone on its $70 million investment in Teamwork

AUTHORs: Brian McCloskey co-author(s): Robert Maloney Derham Services: Corporate and Mergers & Acquisitions DATE: 06/07/2021

A Matheson team led by corporate M&A partner Brian McCloskey and senior associate Robert Maloney Derham is delighted to have advised Bregal Milestone on its $70 million investment in Teamwork, a leading global Project Management SaaS solution focused on Client Services companies.

Bregal Milestone is a leading private equity firm dedicated to making investments in ambitious, high-growth European technology companies.  Teamwork provides a SaaS platform for Client Services companies, helping them to track, manage, and invoice their projects as well as providing a full suite of integrated solutions such as helpdesk, collaboration, knowledge sharing, and customer relationship management add-ons.  Headquartered in Cork, Teamwork has 24,000 customers worldwide and a team of over 270 people across 18 countries.

This partnership with Bregal Milestone will enable Teamwork to continue its rapid pace of growth.

Brian McCloskey, Corporate M&A Partner at Matheson commented: “We are delighted to have worked with Bregal Milestone once again on this investment in Ireland.  We are also very excited by the opportunity to assist the team at Bregal Milestone as they work with Peter Coppinger and Daniel Mackey and the wider team at Teamwork to further develop the business in the years ahead."

With a wealth of experience across our six partner led offices worldwide and a dedicated 100 person Corporate Department, Matheson has some of the most experienced corporate lawyers in Ireland.  Excellence matters and Matheson’s Corporate Department, led by 23 partners, has unparalleled experience in complex and innovative domestic and international corporate transactions across all industry sectors.

For more information about our legal services, please contact a member of the Corporate team or your usual Matheson contact.