International legal practice Osborne Clarke has advised CitNOW, a portfolio company of UK lower mid-market investor, Tenzing, on its acquisition of Dealerweb.
The CitNOW Group, a global market-leading provider of sales conversion software for car dealerships, has joined forces with Dealerweb, a provider of sales and lead management software for car dealerships. The two companies will continue to operate autonomously while partnering to drive digital innovation. They will both operate under the CitNOW Group.
Tenzing is a long-standing client of Osborne Clarke. The Osborne Clarke team was led by Partner Alistair Francis alongside Associates Alex Littlefield and Alec Bartlett. Banking advice was provided by Partner Max Millington and Associate Jon Dodds and tax advice was provided by Associate Director James Hamon.
Osborne Clarke has a strong presence and is considered a go-to practice in the UK private equity market. The team work closely with leading private equity institutions, global businesses, fast-growth start-ups and market challengers, advising across all areas including equity and debt fundraising, M&A, IPOs and JVs.