Addisons has advised Consillion (Australia) Pty Ltd (Consillion) on the acquisition by Sesami Cash Management Technologies Corporation (Sesami), a subsidiary of Canada-based GardaWorld, of 100% of the shares in Consillion.
Consillion is a leading innovator of cash management solutions in the banking, retail and gaming spaces, with well-established subsidiaries in the UK and APAC regions.
The Addisons team advising on the deal was led by Partner Geri du Plessis, with Partners Martin O’Connor and Rebecca Dooley, Special Counsel Cate Sendall, Senior Associate Brandon Chakty and Solicitor Erin Miranda assisting. Addisons was joined by corporate advisers at InterFinancial in advising Consillion.
Geri du Plessis said, “The transaction will allow Consillion to pioneer more technologies and services to its continually growing customer base, supported by Sesami’s strong presence in the cash management solutions market. Our congratulations to the Consillion shareholders and management team on the deal concluded with Sesami. It has been a pleasure working with you!”