Osborne Clarke has advised Livingbridge and Tenzing backed portfolio company, CitNOW Group, on five bolt-on acquisitions

International law firm Osborne Clarke has advised Livingbridge and Tenzing backed portfolio company, CitNOW Group, on the acquisition of UK-based digital solutions provider, Auto Imaging, sales lead management provider, Auto SLM, software provider Real Time Communications along with the acquisition of Netherlands-based automotive messaging platform, Web1on1 and Germany-based customer relations platform, Dealerdesk.

CitNOW Group provides market-leading software products to franchised car dealerships to improve both efficiency and conversion of sales and aftersales. These transactions represent CitNOW Group's accelerated growth since Livingbridge's and Tenzing's investment in July 2022.

The OC UK team advising on the acquisitions of UK-based Auto Imaging, AutoSLM and Real Time Communications was led by Private Equity Partner Alistair Francis alongside Associates Alex Littlefield, Lottie Brewster and Matthew Mayes. Tax advice was provided by Partner David Nisbet and Associate Director Robert Thomas and employment advice was provided by Senior Associate Lara Flynn. Commercial contract advice was provided by Senior Associate Matt Suter and Associate Hannah Clarke.

The OC Netherlands team advising on the acquisition of Netherlands-based Web1on1 was led by M&A Partner Geoffrey Beurskens alongside Senior Associate Arlette Peer and Associate Advocaat's Deniz Bussing.

The OC Germany team advising on the acquisition of Germany-based Dealerdesk was led by M&A Partner Robin Eyben alongside Counsel Maximilian Vocke and Associate Dana Alpar.

Private Equity Partner Alistair Francis and Associate Alex Littlefield provided support on the English law aspects of the acquisitions of Web1on1 and Dealerdesk.

Osborne Clarke’s Private Equity team is considered a go-to practice for companies in the technology and financial sectors, working with clients ranging from global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.