Global law firm Ashurst has advised productivity software business GetBusy plc on its acquisition of bolt-on technologies within SmartVault, DocDown and Quoters.
Smartvault is a cloud-based productivity, document management and storage software solution. Quoters and DocDown will be integrated into SmartVault to broaden its offering into other core elements of customer workflows.
Quoters automates proposals and quotes which “simplifies” a core part of the client workflow for accountants and financial services professionals.
DocDown uses online web forms, web hooks and APIs to automate the population of forms and templates, “removing the need” for error-prone manual transfer of information.
These bolt-on acquisitions are expected to “accelerate SmartVault’s product roadmap” across client workflows and its go-to-market strategy into the wider financial and professional services market.
The Ashurst team was led by tech M&A partner Jonathan Cohen, and supported by associates Jasmin O’Reilly and Elnaz Amiri.
Senior associate Liz Parkin and associate Katharine Foster advised on employment aspects. In Spain, senior associates Jose Carlos Rodea Juaneda and Cristina Grande advised on tax and employment matters respectively.
Cohen said: “We are delighted to have supported Getbusy on these acquisitions, and look forward to supporting the team as they continue their impressive high growth trajectory.”