Providence Strategic Growth’s Acquisition of Nalanda Global

Elvinger Hoss Prussen advised Providence Strategic Growth in connection with the acquisition of Nalanda Global.

Providence Strategic Growth, a leading growth equity firm that focuses on partnering with middle-market software and technology-enabled service companies, completed the acquisition of a Majority Stake in Nalanda Global, a leading provider of supplier risk management software.

Nalanda leverages intelligent cloud software to connect companies and suppliers using a digital platform that enables the smooth exchange and verification of health and safety, due diligence, suppliers validation, invoices and other business information as well as providing solutions to ensure compliance with worker access, working time and e-invoicing legislation. Nalanda’s solutions reduce time, cost and risk, as well as facilitating a transparent relationship between both parties. 

The Elvinger Hoss Prusse team was led by partner Anna Hermelinski-Ayache (Picture), working in collaboration with associates Mateusz Glowacki and Charlène Mehn.

Involved fees earner: Mateusz Glowacki – Elvinger Hoss Prussen; Anna Hermelinski-Ayache – Elvinger Hoss Prussen; Charlène Mehn – Elvinger Hoss Prussen;

Law Firms: Elvinger Hoss Prussen;

Clients: Providence Strategic Growth Capital LP (PSG);

Author: Federica Tiefenthaler