Pinsent Masons advises Skillko on sale to HSI
10 Oct 2024 | 03:55 pm | 1 min. read
Multinational law firm Pinsent Masons through its Dublin office Pinsent Masons Ireland LLP has advised the founders of Skillko, Dermot O’Connor and Brendan Moloney, on its sale to US buyer HSI.
Skillko was founded in 2017 and is a technology company that specialises in competency management, induction processes and supplier onboarding for organisations across the EU and the UK. HSI is headquartered in Los Angeles, California and is majority owned by Waud Capital Partners a leading growth oriented private equity firm. HSI is a leader in environmental, health, safety and quality compliance and workforce development solutions.
The Pinsent Masons team advising on the deal was led by Dublin based corporate Partner Neil Keenan and included corporate Associate Joseph de Paor, tax Partner Robert Dever, employment law Partner Deirdre Lynch and Intellectual Property Partner Maureen Daly.
Commenting on the deal Neil Keenan said, "Congratulations to Dermot, Brendan and the team in Skillko on this transaction which is a terrific success story for a relatively recently established Irish business. It is great to see a further investment in a successful Irish company by a US based private equity backed buyer which is a trend we are seeing increasingly in our Irish practice”.
Commenting on the role of Pinsent Masons Ireland LLP, Skillko’s Co-CEO Dermot O’ Connor said, "Led by Neil and Joseph the Pinsent Masons team showed professionalism, diligence, and attention to detail throughout every step of the process. Navigating this deal required not only expertise, but also a commitment to excellence that they demonstrated from start to finish. Brendan and I couldn't have asked for a better partner, and we look forward to future collaborations."
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