Arnold Bloch Leibler acted as Australian counsel for Smartrak on the sale of its operations and assets to Volaris Group.
Smartrak Holdings Limited (Smartrak) is one of Australasia’s leading software providers of fleet management and safety location-based solutions, with operations in Australia and New Zealand. Its holding company is based in New Zealand. The Volaris Group is a wholly owned division of Constellation Software Inc. (“Constellation”) (TSX: CSU). Volaris – headquartered in Canada – acquires, strengthens and grows vertical market technology companies around the world.
In Smartrak’s official announcement on the transaction, CEO Troy O’Connor commented: “This is a new chapter for Smartrak…With Volaris we have access to a network of people in like-minded industries, access to capital and best practices.”
Arnold Bloch Leibler advised with a team including Michael Dodge (Picture) and Kelly Seo.
Involved fees earner: Michael Dodge – Arnold Bloch Leibler;
Law Firms: Arnold Bloch Leibler;
Clients: Smartrak Holdings Limited ;