Travers Smith LLP has advised August Equity Partners VI on its investment into Fargo Systems, a market leading TMS software business specialising in containerised cargo. The transaction marks the second investment from August Equity Partners VI.
David Lonsdale, Managing Partner at August Equity, commented:
“Fargo represents an attractive second platform investment for August Equity Fund VI. It has clear adjacencies to our previous investments in compliance driven software businesses and we look forward to working with the management team to deliver an array of organic and inorganic growth initiatives using the August Equity playbook.”
The Travers Smith team was led by Private Equity & Financial Sponsors Partner Emma Havas, with support from Senior Associates Rachel MacArthur and Vanessa Kitching, Associates Jessica Wetherop and James Jankowski and Trainee Solicitor Liam Carrington. Tax advice was provided by Tax Partner Russell Warren.
