Maples Group Advises AMCS on its Landmark Sale to EQT Private Equity
Maples and Calder, the Maples Group’s law firm, is pleased to have advised AMCS on the sale of a majority stake to EQT Private Equity. Notably, the transaction is one of the largest acquisitions of an Irish private technology company in the market.
- Published
- in Deals
Headquartered in Ireland, AMCS is a supplier of cloud-based and AI-enabled planning, performance, safety and sustainability focused software for waste management, recycling and other resource-intensive industries. With over 1,300 employees across Europe, North America and Australasia, AMCS serves over 3,800 customers, across 80 countries, and helps manage more than 700,000 vehicles globally.
A multi-disciplinary team of lawyers from the firm’s Dublin office advised AMCS on this transaction, including members of the firm’s Employment, Data, Technology, Financial Services Regulatory and Banking speciality practices. The Corporate team was co-led by Partner and head of the Dublin Corporate practice, Colm Rafferty, and Corporate Partner, Morgan Pierse, together with Associates, Conor Cawley, Shane Divilly, Lianne Canty and Grace Connolly Gusmões.
The deal team also featured Dublin Partners Claire Morrissey (Data); Lorna Smith (Financial Services Regulatory); Karen Killalea, (Employment); Sarah Francis and Alma O’Sullivan (Banking); and William Fogarty (Tax). The team was supported by Associates, Ciara Dunne (Litigation), Sarah Lydon (Data) and Ciara Ní Longaigh (Employment).
Commenting on the transaction, Colm said, “It has been a privilege to act as company counsel to AMCS in this truly landmark Irish technology deal. As legal partner to many Irish innovation driven enterprises, we have especially enjoyed supporting the incredible AMCS team over the last 13 years and it’s been inspiring to see this Irish company grow into an international success story”.
Jimmy Martin, CEO and founder of AMCS, commended the Maples Group by saying, “Thank you to Colm and all the team at Maples. You have been an excellent partner to us over the years”.
Maples and Calder’s market leading global Corporate practice has extensive experience acting as lead counsel for buyers, sellers, investors, issuers and acquisition targets across a range of sectors. The Dublin team has advised on some of the most high-profile acquisitions of Irish targets by global counterparties, such as the sale of Taoglas to Graham Partners, the sale of Version 1 to Partners Group, and the sale of SteriPack to Inflexion.
The Dublin Corporate team also supported AMCS on its equity fundraise led by Clearlake Capital and Insight Partners, and its acquisitions of Quentic, Sendr, Brady, Desert Micro, Recy Systems AG, P&L Software, GMT Europe Group and Utilibill.