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DGIT Systems sells business to CSG International
With assistance from Hall & Wilcox, DGIT Systems has sold its business to global business support systems provider CSG International.
Naomi Neilson
Firm: Hall & Wilcox (DGIT Systems)
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Deal: Hall & Wilcox has advised the shareholders of DGIT Systems on their sale of the business to CSG International, a global business support systems provider.
Value: N/A.
Area: M&A.
Key players: Partner James Morvell and special counsel James Bull led the Hall & Wilcox team. They were assisted by lawyers Tamara Charlwood and Michael Henderson. Partner James Deady advised on the IP/IT aspects of the deal.
Deal significance: DGIT Systems is a specialist supplier of configure, price and quote (CPQ) and order management solutions to telecommunications, utilities, and enterprise companies. NASDAQ-listed CSG is a provider of revenue management and digital monetisation, payment and customer engagement solutions.
Mr Morvell commented: “Having acted for DGIT for a number of years now, including on a previous acquisition, we were delighted to support the DGIT shareholders on this transformational transaction. Everyone involved in the broader project team worked seamlessly and collaboratively to bring the deal together in an accelerated timeline.”
