International legal practice Osborne Clarke has advised ethiXbase, a fast growing and leading provider of third party risk assessment services to corporates, focusing on anti-corruption, human rights, labour, and the environment, on its acquisition by CGE Partners.

CGE is partnering with Leas Bachatene (CEO) and Russell Potter (CFO) to back the company in its next phase of growth to become the leading global provider of supply chain risk assessment software solutions. CGE will bring significant experience and resource to support ethiXbase’s international expansion, future M&A and new product development initiatives.

Leas Bachatene, CEO of ethiXbase, commented: “I am truly thrilled to have been offered the opportunity to work with Osborne Clark, who successfully helped ethiXbase complete an investment process with CGE Partners. The team at Osborne Clarke played an essential role in this pivotal transaction, delivering remarkable results in a short and pressurised timeframe. Both myself and ethiXbase are grateful for all they have done for us over recent weeks, and will certainly look forward to working with Osborne Clarke in the future.”

The Osborne Clarke team was led by Partners Tim Birt and Pippa Byrne, and comprised of Senior Associate William Nicolson (private equity), Associates Harshna Patel and Lottie Brewster (both private equity), Partner David Nisbet and Associate Ben Doeh (both tax) and Senior Associate Lara Flynn (employment). Sharpe & Jagger LLC advised on Singaporean law.

Osborne Clarke has a market-leading international private equity practice and is widely recognized as a leading European law firm for companies operating in the technology, media and telecoms sector. 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.

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