We advised Paddle.com Market Limited (“Paddle”), a London-based e-commerce platform for software businesses, in respect of its acquisition of US corporation, DevMate Inc. from MacPaw Inc.
The deal structure was complex with Paddle acquiring DevMate in a stock deal and MacPaw also making a significant investment in Paddle. The terms of the transaction were not disclosed.
This international merger significantly enhances Paddle’s offering to its software business customers so that they can focus on creating the products the world loves.
Hugo Grimston, CFO, Paddle.com Market Limited
“We were delighted with the advice and support provided by Harper Macleod throughout the transaction. This was a highly complex multi-jurisdictional acquisition, Harper Macleod made the process as straightforward and as hassle free for Paddle as possible.”