Osborne Clarke has advised the shareholders of OnePLM – who included the Business Growth Fund (BGF) on the sale of OnePLM, a value-added reseller (VAR) of Siemens CAD/CAM and Product Lifecyle Management (PLM) software, to the European Digital Transformation consortium.
OnePLM is one of the largest Siemens Digital Industries Software Resellers worldwide and the top Siemens Partner in Europe. Backed by a large, diverse and highly rated team of specialists, the organisation supplies software solutions, technical consultancy and support services to thousands of customers across the UK and Ireland spanning a wide variety of industry sectors.
The European Digital Transformation is a Dutch consortium backed by Holland Capital. OnePLM will sit alongside existing consortium companies, Magnus Digital, Dimensys, cards PLM Solutions and Appronto, creating the largest software and service provider of its kind in Europe, enabling international customers to benefit from a range of best-in-class expert services.
The Osborne Clarke team was led by corporate partner Robert Wood and included associate director Robert Pook and corporate associate Chris Flach. In the Netherlands the team included corporate partner Geoffrey Beurskens and corporate senior associate Niels Dolk. UK employment partner Danielle Kingdon advised on cross-border employment matters, supported by Dan Charie. Mat Oliver and Ben Doeh advised on corporate tax.
For many years Osborne Clarke has enjoyed a good working relationship with the shareholders of OnePLM and has advised on several sales, mergers, and acquisitions. This includes a successful merger with a German company (PRION) in 2013, an MBO from Accenture in 2017, and when BGF acquired a 25% equity stake in the business in June 2018. More recently, Osborne Clarke also advised OnePLM on its subsequent acquisitions of Majenta PLM (the largest Siemens PLM VAR in the UK) and Team Engineering, a Siemens PLM Gold Partner. The resulting combined business represented more than 75% of Siemen’s UK PLM VAR channel.
Osborne Clarke has a market-leading practice for mid-market tech M&A and private equity and works closely with founders, shareholders management teams and institutional investors to support them through the course of a company's life-cycle and its milestone transactions.