Great Hill’s $75 million Acquisition of Reliam

Choate represented Great Hill Partners in its acquisition of Reliam, a leading provider of managed services for public cloud platforms, and the addition of serial entrepreneur (and newly former Great Hill executive-in-residence) Simon Anderson as CEO.

In connection with the deal, Great Hill committed up to $75 million of capital to help the business scale – organically and via acquisition – to create a market leader capable of competing head-to-head with larger MSPs in the attractive and growing public cloud ecosystem.

Great Hill Partners, LLC is a private equity and venture capital firm specializing in investments in late venture, late stage, growth capital, buyouts, middle market, recapitalizations, PIPEs, go private, acquisitions, and industry consolidations in growth oriented private or public companies in Fintech sector. The firm, led by Christopher S. Gaffney, John G. Hayes, Laurie T. Gerber, Matthew T. Vettel and Mark D. Taber, is based in Boston.

The Choate team advising Great Hill and Mr. Anderson included Christian Atwood (Picture), Tim Becker and Rebecca Wilsker.

Involved fees earner: Christian Atwood – Choate; Rebecca Wilsker – Choate; Timothy Becker – Choate;

Law Firms: Choate;

Clients: Great Hill Partners LLC;


Author: Ambrogio Visconti