Holland & Knight Advises Systemates, Inc. in Acquisition by Hexagon AB
TYSONS, VA (February 9, 2023) – Holland & Knight represented Systemates, Inc. in the company's acquisition by Leica Geosystems, Inc., an affiliate of the Hexagon AB (Nasdaq Stockholm: HEXA B). The deal closed on Jan. 31, 2023.
Headquartered in Norcross, Georgia., Leica Geosystems, Inc. is part of the Hexagon Group family. Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies.
Systemates, based in Richardson, Texas, is a Software as a Service (SaaS)-based, owner-focused, enterprise construction project management software provider. Systemates’ collaborative Projectmates platform improves project execution, cuts costs and delays, increases accountability and reduces risks.
Holland & Knight Partners Eric Wechselblatt, Katherine Markel and Simone Collins led the firm’s representation of Systemates. They were assisted by Associates Marie Smith and Diana Andrade.
More information about the transaction can be found here.
Holland & Knight's corporate practice is ranked as a national first-tier firm in Leveraged Buyouts and Private Equity Law, Corporate Law and M&A Law in the 2023 "Best Law Firms" guide. The firm is consistently ranked among the Top 25 law firms in the nation advising on U.S. M&A transactions by deal count in Refinitiv and other league tables. Through the program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.