The acquisition includes the 100% share capital of the companies under Aussie Time Group
Hamilton Locke has advised Workwell Technologies Inc. (Workwell Tech) on its acquisition of Aussie Time Group.
The acquisition includes 100% of the share capital of Aussie Time Group companies Aussie Time Clocks Pty Ltd, Aussie HR Solutions Pty Ltd, and Kiwi Time Sheets Ltd. This acquisition extends the global reach of Workwell Tech’s operating portfolio into Australia and New Zealand.
As per an article in Accesswire, the founder of Aussie Time Clocks, David Azzopardi, will continue leading the day-to-day operations alongside the local Aussie Time Clock staff.
“Having worked with Aussie Time Clocks as the distributor for uAttend in Australia and New Zealand for over a decade, we jumped at the opportunity to have them join the team,” said Andrew Newby, co-CEO of Workwell Tech, in a statement published by AccessWire. “David Azzopardi has not only done a phenomenal job in growing the uAttend brand in his region, he and his team have also developed a robust cloud platform that opens the door to larger clients in Australia, New Zealand, and beyond.”
Partner Gordon McCann led the Hamilton Locke team in working on this transaction, working alongside senior associate Julian Ilett and lawyer Ali Attia.
Workwell Tech is a portfolio company of US private equity fund Battery Ventures. The global tech business is headquartered in California.
