CMS advises Turn/River Capital on €315m strategic investment in Redwood Software

International law firm CMS has advised growth equity firm Turn/River Capital on its €315 million strategic investment in Redwood Software, a leading provider of cloud-based business and IT process automation solutions.

Founded in 1993, Netherlands-based Redwood serves thousands of global enterprise customers and has a long history of providing its clients with powerful automation tools. Turn/River’s investment will enable Redwood to accelerate new feature development for its industry-leading IT and business process automation platform, deepening its leadership in evolving automation tools for the modern workplace.

Tom Jameson, CMS Corporate partner, comments: “We are delighted to have supported Turn/River Capital on this strategic investment. This exciting partnership comes at a time when companies are increasingly investing in technology to promote agility and collaboration. Our work on this deal demonstrates CMS’s strong multi-jurisdictional capabilities, as it involved seamless collaboration between our offices in the UK, the Netherlands, Germany and Switzerland.”

Evan Ginsburg, Partner & COO at Turn/River Capital, said: “The CMS team has impressed us at every stage of this process, acting as one global team to help deliver this fantastic outcome. We are excited to provide growth funding and go-to-market support for the expansion of Redwood’s mission critical software solutions.”

The CMS team was led by Tom Jameson (CMS London) and Pieter van Duijvenvoorde (CMS Amsterdam), with Igor Stenzel leading from CMS Berlin and Daniel Jenny leading from CMS Zurich.

The CMS UK team included Beale Stronach, Zoe Loftus-Bell and Costa Christoforou (Corporate); Joel Vertes and Melanie Worsdall (Intellectual Property); Rebekah Hayes, Rahul Gandhi, Hannah Rigby and Fiona Vickerstaff (TMIC); Duncan Turner (Data Privacy); Matthew Speed and Songul Matyar (Real Estate); and Gary Henderson and Samantha Love (Employment). 

The CMS Netherlands team included Dena Mokhberolsafa, Karsten Bruinsma, Marcellina Rietvelt, Martijn van der Bie and Elisabeth von Meijenfeldt (Corporate); Herman Boersen and Jarrik Haust (Tax); Rogier de Vrey, Simon Sanders, Sanne Knopper and Yasar Celebi (IP/IT/Privacy); Tjeerd Hoekstra and Ravi van de Boomen (Employment); Giulia Wientjens and Jenny Noordermeer (Banking); and Emma Schouten and Jasper Kampherbeek (Real Estate).

The CMS Germany team included Fabian Mayer and Olena Mausolf (Corporate); Dr. Malte Grützmacher and Martin Kilgus (IP/IT/Privacy); Dr. Sören Langner, Neil Yeats and Steven Washington (Employment); Andreas Hofelich and Richard Lauer (Pensions); Rolf Hempel and Martin Cholewa (Merger Control); and Stephanie Schulz (Real Estate).

The CMS Switzerland team included Kaspar Landolt (Banking & Finance) and Florian Jung (Corporate/M&A).