ELMO Software Limited’s Acquisition Of Webexpenses

Gateley Legal has advised ELMO Software Limited (ASX:ELO) on the deal.

ELMO Software Limited, an Australian based leading cloud HR and payroll solution company, acquired an expense management platform, Webexpenses.

ELMO’s acquisition of the platform will provide them with complementary technology, allowing them to cross-sell to a larger customer base and accelerate their mid-market expansion in the UK.

Webexpenses is headquartered in the UK and is a high growth, cloud-based expense management solution. It has a large and growing customer base with primary operations in the UK and Australia.

Steven Raize (Picture), corporate partner at Gateley Legal, led the deal with support from corporate solicitors Adam Percival and Drew Bailey. The commercial aspects of the deal were led by commerce, technology and media partner, Sarah Reynolds with support from commerce, technology and media associate, Katie Hall.

Involved fees earner: Drew Bailey – Gateley LLP; Katie Hall – Gateley LLP; Adam Percival – Gateley LLP; Steven Raize – Gateley LLP; Sarah Reynolds – Gateley LLP;

Law Firms: Gateley LLP;

Clients: ELMO Software Limited;