Client or Matter Name
TMA Systems, L.L.C., an Oklahoma based software company that provides organizations with maintenance management software (MMS) and enterprise asset management solutions (EAMS).
Deal Description
We assisted TMA Systems, in the acquisition of Eagle Technology, Inc - a Mequon-based software development company – and its Mexican subsidiary Eagle Technology Mexico.
Innovation & Additional Comments
The deal was particularly challenging given that it involved two separate jurisdictions (Mexico and United States). As such, the structure was negotiated at-length and required to conform different concepts from foreign law into a Mexican-law governed transaction.
As for the documentation, it was necessary to make the necessary adjustments in order to incorporate, within the US-law governing structure, the acquisition of Eagle Technology Mexico.
Finally, the transaction implied the negotiation and closing of highly complex documents which, due to the needs of the parties, were implemented in only a couple of weeks.
Jurisdiction
Mexico and United States of America.
Governing Law
Mexican federal law and laws of the United States of America.
Deal Value
USD$4,450,000.00 (Four Million Four Hundred Forty-Five Thousand US Dollars).
Deal Duration, Date of Closing / Signing
Closing: September 1, 2022
Practice Area
Mergers and Acquisitions
Team GC
Lead Partner: José Ignacio Rivero Andere
Managing Associate: Jacinto Ávalos Capin
Associate: Rodrigo Poumian González
Law clerk: Valeria Camacho Bello
Other Firms Involved
US Counsel to TMA Systems: Dickinson Wright, PLLC
Erin M. Pawlowski – member
Benton B. Bodamer – member
Courtney L. Pyatt – associate
Cristina N. Luse – associate
US Counsel to Eagle: Rose & de Jong S.C.
Cate M. Heerey – attorney
Mitch Kiffmeyer - attorney