28 February, 2019 Colombia

PPU and DLA Piper star in tech company purchase in Colombia

Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) has helped US private equity firm HIG Capital acquire a majority stake in Colombia software company Digital Ware.

The shareholders of Digital Ware hired DLA Piper Martinez Beltrán for the deal, which closed on 5 February. No value was disclosed.

The transaction hands the buyer an 80% stake in Digital Ware.

Bogotá-based Digital Ware develops software for companies, such as resource planning, payroll, and hospital information systems.  

Counsel to HIG Capital

Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) 

Partner Felipe Cuberos and associates David Beltrán, Juan Camilo Segura, Camila Quintero and María Carolina de Narváez

Counsel to the shareholders of Digital Wire

DLA Piper Martinez Beltrán

Partner Felipe Quintero and associate Luisa María Echeverri

Source: Latin Lawyer

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