Hansen Technologies Limited Acquires Sigma Systems for C$152.2 Million

Sigma Systems, a company majority owned by Birch Hill Equity Partners Management since 2015, was acquired by Hansen Technologies Limited, a publicly traded company listed on the Australian Stock Exchange (ASX: HSN).

 

Sigma is the global leader in catalog-driven software solutions for communications, media, and high-tech companies. It serves over 80 customers in 40 countries with its award-winning products. Sigma has offices in North and South America, Europe and Asia Pacific, with technology and integration partners globally.

 

Hansen is a global leader in billing, data management and customer care solutions for the energy, water, pay-TV, and telecommunications industries. Hansen has offices throughout the world and servicing customers in over 80 countries. The acquisition supports Hansen’s scale and scope in the telecommunications sector and the cross-sell opportunities into large utilities customer base by integrating the Catalog product into energy product offerings. This acquisition represents a strategic move to further expand the depth and breadth of Hansen’s global presence.


McMillan LLP acted as lead counsel to Hansen with a team lead by JR Beaudrie, and including Adriana Rudensky, Philip Vineberg, Tyson Gratton and Maneesha Dakha (Corporate and M&A); Don Waters and Alex Ricchetti (Finance); Casey Halladay (Competition); Andrew Stirling (Tax); Paul Boshyk (Employment); Lyndsay Wasser and Mitch Koczerginski (Privacy & Data Protection); Scott Martyn (Real Estate); Peter Giddens and Christie Bates (Intellectual Property).

 

Stikeman Elliott LLP acted as lead counsel to Sigma Systems and Birch Hill Equity Partners Management with a team including D’Arcy Nordick, Evan Marcus, Andrew Chan, Matthew Lee, David Rossetti (Corporate and M&A); Khalfan Khalfan (Employment); Michael Laskey, Gideon Kwinter (Regulatory).

 

Davies Ward Phillips & Vineberg LLP acted as counsel to Birch Hill Equity Partners Management and Sigma Systems in respect of banking related matters with a team led by Derek Vesey and including Adam Curran.


Osler, Hoskin & Harcourt LLP acted as Canadian financial counsel to the lenders, Royal Bank of Canada and Australia and New Zealand Banking Group Limited, with a team led by Lisa Mantello and including Britt Sargent and Tom Budziakowski.


King & Wood Mallesons acted as lead counsel to the lenders, Royal Bank of Canada and Australia and New Zealand Banking Group Limited, with a team led by Yuen-Yee Cho, and including Dale Rayner, Will Stawell, Samir Kinger, Tom Haggerty, and Isolde Daniell.


Grillo Higgins Lawyers acted as Australian financial counsel to Hansen with a team led by Alfonso Grillo and Tony Petani.

 

 

 

 

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