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SME Law

Insync Technology bought by Netherlands-based cloud specialist

Australian law firm Maddocks has advised the owners of Insync Technology on its acquisition by Rapid Circle.

March 31, 2021 • By Emma Musgrave
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Firm: Maddocks (owners of Insync Technology).

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Deal: Insync Technology has been acquire by Rapid Circle.

 
 

Value: Undisclosed.

Area: M&A, technology.

Key players: The legal team advising Insync Technologies was led by Maddocks partner Duncan Hall and senior associate Bernardo Wood. The matter was referred to Maddocks by its corporate advisers, SCD Advisory.

Deal significance: Insync Technologies is an Australian-based Microsoft partner who works with businesses to use Microsoft tools to create modern workplaces. Formed in 2013, Insync Technologies holds offices in Sydney, Melbourne and Brisbane and generate revenue of $12 million per year.

Meanwhile, Rapid Circle is a Netherlands-based Microsoft cloud specialist.

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Rapid Circle’s acquisition of Insync Technologies is designed to grow its foothold in the Australian market.

According to Maddocks lead partner on the deal Mr Hall, the transaction represented another deal in a regular stream of IT-related transactions the firm has been involved in over the past 12 months.

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Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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