Linklaters has advised Hg on the sale of Commify to ECI Partners. The deal, valued at €300m, provides a full realisation for Hg, a leading investor in European and transatlantic software and services businesses, that has backed Commify’s transformation since 2016.
Commify is the UK-headquartered European leader in business messaging solutions to Local Enterprises, and the investment from ECI will support further acquisitions across both existing and new countries, as well as to accelerate future platform and product development.
The Linklaters team was led by Financial Sponsors partner Genna Marten and Co-Head of the firm’s Global Financial Sponsors sector Alex Woodward, alongside Financial Sponsor Managing Associate John Tsui, and Associates Dulan Dantanarayana and Carl Alabi.