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DLA Piper has advised on a M&A transaction which sees enterprise resource planning and payroll software provider, MYOB, nab a majority stake in Roubler.
Firm: DLA Piper (Carthona Capital); Undisclosed (MYOB)
Value: Undisclosed
Area: M&A
Key players: The team advising Carthona Capital was led by DLA Piper corporate partner David Ryan and special counsel James McCarthy.
Deal significance: Roubler was founded in 2015 by Andrew Northcott. The company is described as “an end-to-end workforce management platform” which services Australian businesses. Carthona Capital had previously invested in Roubler in late 2019 as part of Roubler’s Series A round.
Meanwhile, MYOB is described as “a leading provider of Enterprise Resource Planning (ERP) and Payroll Software (PS)” in Australia and New Zealand.
According to a statement from DLA, this transaction will see MYOB integrate Roubler’s unique workforce management platform functionality within its ERP and PS suite, MYOB Advanced, resulting in a powerful end-to-end business management platform.
“We are excited to have been involved in this transaction, and to be able to help these businesses in achieving their goal of supporting mid-market businesses fulfil their growth potential across Australia and New Zealand,” Mr Ryan said, commenting off the back of the transaction.
