You have 0 free articles left this month.
Advertisement
Big Law

IFM makes investment in construction tech

Global construction technology company Render Networks has received an investment injection from IFM Investors to help “supercharge” its international market success.

May 24, 2022 By Lauren Croft
Share this article on:
Gilbert Tobin
expand image

Firm: Gilbert + Tobin (IFM Investors)

Deal: G+T has advised IFM Investors (and its affiliates) on its majority investment in Render Networks in addition to a subscription to fund growth capital initiatives.

 
 

Value: N/A

Area: Corporate

Key players: The G+T team was led by corporate advisory partner Tim Gordon and also included lawyers Katrina Byrne, Emily Fanning, Ziggy Liszukiewicz and intellectual property experts Anna Smyth and Candy Welsh.

Deal significance: Render Networks is a construction technology and enterprise software-as-a-service (SaaS) company based in Melbourne Australia, with significant operations in the USA. Render Networks provides a cloud-based, geospatial network construction platform, a software that modernises the infrastructure construction management industry.

Commenting on the deal, Mr Gordon said it was “fantastic to be involved in this deal at the intersection of cloud SaaS technology and critical infrastructure.

“We’re sure the IFM investment will help supercharge Render’s international success and it’s wonderful to have been a part of the transaction,” he said.

Lauren Croft

Lauren is the commercial content writer within Momentum Media’s professional services suite, including Lawyers Weekly, Accountants Daily and HR Leader, focusing primarily on commercial and client content, features and ebooks. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications. Born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling.