PlentyONE Partners with PSG to Expand E-commerce ERP Footprint
Deal News | Dec 17, 2024 | Paul Hastings
Paul Hastings LLP has successfully advised lenders in a significant growth equity transaction involving PSG's investment in PlentyONE. PlentyONE, a distinctive all-in-one cloud-based e-commerce ERP software platform, is poised to fortify its presence across the DACH region and further afield through this strategic partnership. The collaboration is expected to enhance PlentyONE's product and services portfolio and accelerate its growth strategically. With elite teams specializing in finance and private equity, Paul Hastings excels in bringing intellectual capital and excellent execution globally. The Paul Hastings legal team in this transaction was spearheaded by partners Chiraag Patel and Dr. J. Melchior Raiser, alongside associates Krishnan Chauhan and Ioanna Droussiotou. Their expertise underscores the firm’s capacity to support complex financial arrangements and investment endeavors in the ever-evolving e-commerce landscape.
Sectors
- Private Equity
- E-commerce Software
- Legal Services
Geography
- DACH Region – The investment aims to help PlentyONE expand its presence in the DACH region, which comprises Germany, Austria, and Switzerland.
- Global – Paul Hastings operates globally, providing legal services for international transactions such as this.
Industry
- Private Equity – The article discusses PSG, a private equity firm, investing in PlentyONE which indicates a transaction in the private equity industry.
- E-commerce Software – PlentyONE is described as a cloud-based e-commerce ERP software platform, placing it in the e-commerce software industry.
- Legal Services – Paul Hastings LLP, providing advisory services related to the transaction, is a major entity in the legal services industry.
Financials
- Not disclosed – The specific financial terms of PSG's investment in PlentyONE were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PlentyONE | Target | Company | An all-in-one cloud-based e-commerce ERP software platform. |
| PSG | Bidding Companybuyer | Company | A growth equity firm investing in PlentyONE. |
| Paul Hastings LLP | Legal Advisor | Company | A premier law firm advising lenders on the transaction. |
| Chiraag Patel | Partner | Person | Partner at Paul Hastings involved in the transaction. |
| Dr. J. Melchior Raiser | Partner | Person | Partner at Paul Hastings involved in the transaction. |
| Krishnan Chauhan | Associate | Person | Associate at Paul Hastings involved in the transaction. |
| Ioanna Droussiotou | Associate | Person | Associate at Paul Hastings involved in the transaction. |