22 May 2023
We have advised Greenstone+, a leading provider of SaaS (Software-as-a-Service) solutions dedicated to the ESG (Environmental, Social, Governance) sector, on its acquisition by Cority, a portfolio company of Thoma Bravo.
Founded in 2006 as a carbon accounting software business, Greenstone+ evolved to offer comprehensive SaaS-based solutions to enable a full range of sustainability and ESG reporting across the entire value chain. Today, Greenstone delivers its brand promise ‘data that talks to you’ through its award-winning sustainability reporting software and its externally recognized best-of-class customer service. Used by 75,000+ users globally, Greenstone’s solutions enable its clients to gather, manage, analyse and report the data required to fulfil their sustainability and ESG ambitions and goals.
This transaction highlights the firm's expertise and successful track record in advising leading companies across the ESG and Enterprise SaaS sectors on their strategic growth plans.
The deal required specialist M&A advice, led by Partners Robert Fenner and Paul Thorpe in the firm's corporate group. Specialist sector advice was also provided across:
Corporate
Partner Ed Chapman
Associate Harry Ruffell
Trainee Solicitors Alice Matthews and Lauren Mounteney
Employment, pensions and mobility
Partners Helen Farr, Sean Nesbitt, and Anna Taylor
Senior Associates Millie Kempley and Afshan Mallik
Real estate
Partner Emma Oakley
Associate Charlie Marshall
Tax and incentives
Partners Liz Wilson and Ann Casey
Senior Associate Sally Robertson
Associates Megan Geiser and Freddie Knottenbelt
Commercial
Partner Siân Skelton
Senior Counsel Kelly Burke
Associates Laura Craig and Megan Lukins
Paralegal Catherine Morrissey