Travers Smith LLP has advised Riverside Partners and its portfolio company, Loftware, the global leader in Enterprise Labelling and Artwork Management, on its strategic combination with NiceLabel, a leading developer of label management systems.
Headquartered in Slovenia and established in 1993, NiceLabel is a developer of label design software and label management systems that help companies improve the quality, speed and efficiency of labelling, while reducing cost. Loftware, offers the industry’s most comprehensive digital platform, with SaaS, cloud-based and on-premise solutions, to redefine how enterprises create, manage and print complex labelling and packaging artwork and scale across their operations. Combined, they offer 60 years of expertise in solving labelling challenges for companies of all sizes throughout a wide range of industries.
NiceLabel’s extensive global partner network includes resellers, ISVs, OEMs and print technology partners that deliver NiceLabel labelling solutions and technology. In a complementary fashion, Loftware brings deep experience in selling, servicing and supporting Enterprise Labelling and Artwork Management solutions to large global organizations. Together they will further enable supply chain agility, support evolving regulations and optimize business operations for companies across a wide range of industries including life sciences, manufacturing, food & beverage, retail, automotive, consumer products, apparel and more.
Following the union with Loftware, the combined organisation will continue to offer both Loftware and NiceLabel products, providing the broadest range of cloud-based labelling and artwork management solutions for direct customers and channel partners across the globe.
The Travers Smith team was led by Private Equity & Financial Sponsors Partner, James Renahan, who was supported by Associates, Natasha Cheung and Caleb Jones and Trainee, Josh Morrison. Specialist advice was provided by Tax Partner, Russell Warren, Tax Associate Katherine Williamson, Finance Partner, Barry Newman and Finance Associate, Michael Leadbeater.
Karanovic & Partners provided local law advice.